LATAKIA / WAM Eng Amer Ismail Hilal, Governor of Latakia, lauded the UAE’s significant efforts to rescue those affected by the earthquake that hit several cities in Syria, including Latakia. The UAE has supported the Syrian people since the quake first struck the country, Hilal said in a statement to the Emirates News Agency (WAM), noting that the support of ...

ABU DHABI / GULF TIME Abu Dhabi Securities Exchange (ADX) continues to expand its custodial services offering by the new appointment of Emirates NBD Capital as a custodian. Emirates NBD Capital obtained its custody license from the UAE Securities and Commodities Authority (SCA). Emirates NBD Capital is the global investment banking arm of Emirates NBD, a leading banking group in ...

BLOOMBERG  Oil pared its weekly advance, with prices erasing early gains as renewed concerns over financial sector stability buoyed the dollar, making commodities priced in the US currency less attractive. West Texas Intermediate slumped below $70 a barrel after the dollar’s jump on a broader decline in risk appetite. The US crude benchmark has advanced by less than $3 a ...