Abu Dhabi / Emirates Business In collaboration with Etihad Airways’ award-winning loyalty program, Etihad Guest, members of Joyalukkas Golden Rewards program can now convert their loyalty points to Etihad Guest Miles. This is the first time in the Middle East that a jeweller is offering its members the loyalty benefit of converting their loyalty points to miles so they can …

Bloomberg A deal between Saudi Arabia and Russia to freeze oil output failed to stem the biggest drop in bullish bets since July. The agreement reached on February 16 isn’t going to revive crude prices, according to Goldman Sachs Group Inc. Iran said it supported the deal, without saying whether it would temper its own production. A ban on Iran’s …

Bloomberg Climeworks AG is not the first company to figure out how to suck carbon dioxide out of the air. It may become the first to make money from it at an industrial scale. The Swiss company plans to remove 1,000 metric tons a year of the greenhouse gas from the atmosphere when its first commercial plant starts working this …