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Iraq joins UAE in call to keep oil cuts till year-end

Bloomberg Iraq joined the United Arab Emirates and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains. Output cuts by the Organization of Petroleum Exporting Countries and fellow producers have contributed to stability in the oil market, and Iraq supports OPEC’s decision ...

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Dubai records AED5bn in non-oil trade with Canada

DUBAI / WAM Director of Dubai Customs, Ahmed Mahboob Musabih, held a meeting with Emmanuel Kamarianakis, Consul-General of Canada in Dubai. The two discussed means of boosting cooperation between Canada and Dubai especially in bilateral trade and customs business. “It’s very important for us to boost ties of partnership with Canadian diplomatic missions and business councils and corporates. We have ...

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Russian visitors to GCC to surge 38% by 2020

DUBAI / WAM The number of Russian tourists travelling to the GCC in 2020 is expected to be 38 percent higher than the arrival figures recorded for 2016, according to data published recently by Arabian Travel Market (ATM 2018), which takes place at Dubai World Trade Centre from April 22 to 25. Looking at the economic drivers, the value of ...

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