Bloomberg OPEC has enough spare production capacity to cushion oil markets if the US re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Three members of the Organization of Petroleum Exporting Countries — Saudi Arabia, Kuwait and the UAE — together have enough capacity, Al Mazrouei said in an interview with Bloomberg Television in Abu ...

ABU DHABI / WAM President Hashim Thaci of Kosovo inaugurated the new Embassy of Kosovo in Abu Dhabi in the presence of Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation. Al Hamli congratulated the Kosovo President on the opening of the new embassy, praising the role of the Kosovo government and its diplomatic mission for their great ...

DUBAI / WAM Nasdaq Dubai on Sunday welcomed the listing of $400 million Sukuk by Damac Real Estate Development Limited (DRED). The listing on the region’s international exchange supports Damac Properties’ capital raising programme for general corporate purposes and its ongoing growth strategy, as it continues to extend its footprint in the Middle East and beyond with projects in the ...