LONDON / Reuters Compliance with a global deal to cut oil supply hit a new high in February, a joint OPEC and non-OPEC committee estimated, suggesting a rise in the price of crude has not weakened commitment. Producers in the pact achieved 138 percent of pledged output reductions last month, OPEC said in a statement, a record since the deal ...

DUBAI / WAM The 18th edition of Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma) witnessed one more successful edition this year with the number of business deals sealed during the past three days reaching AED440 million, organisers announced on Wednesday. Anas Al Madani, Vice Chairman and Group CEO of INDEX Holding, the event organiser, said, “Over the ...

DUBAI / Reuters The government of Dubai has completed a project financing worth about $2.45 billion for the extension of the city’s metro rail system, Dubai’s Department of Finance said on Wednesday. The project envisages a 15 kilometre (9 mile) extension of the Dubai Metro’s Red Line, from Nakheel Harbour and Tower station up to the site of the World ...