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SCA, MBR Foundation sign cooperation pact

  ABU DHABI / WAM The Securities and Commodities Authority (SCA) and the Mohammed bin Rashid Al Maktoum Foundation signed an agreement initiating exchange of expertise and knowledge to promote co-operation in economic and cultural development. The agreement allows the two entities to share data and statistics, co-organise relevant conferences and workshops and conduct training courses on financial markets and ...

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‘Crude output cuts deeper and faster than expected’

  Bloomberg OPEC and Russia said they are ahead of schedule implementing their historic agreement to curb oil output and boost prices. Saudi Arabia, Algeria and Kuwait have already made deeper cuts than required, while Russia has been able to reduce supply faster than expected, ministers from the countries said as they arrived in Vienna on Saturday. Producers have already ...

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World needs 25 percent more energy to meet demand by 2040

  ABU DHABI / WAM At the heart of the world’s sustainable development goals lies one crucial statistic. By 2040, we will require at least 25% more energy than is currently produced to meet the needs of a rapidly growing, global population, Dr Sultan bin Ahmed Sultan Al Jaber, UAE Minister of State said. He added that keeping pace with ...

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