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Oil set for second weekly gain amid Russia’s warning

  Bloomberg Oil rises, heading for second weekly gain, as Russia said it may cut crude production in response to the price cap imposed by the Group of Seven on its exports, highlighting risks to global supplies in the New Year. West Texas Intermediate climbed to $79 a barrel, putting it on course for a gain of about 6% for ...

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Deal signed to set up new payment solution for ports sector in Dubai

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) with the support of its affiliate, Magnati, is collaborating with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC) to establish a best-in-class digital payment platform to spur Dubai’s shift towards becoming a cashless economy. The new payment ecosystem is set to transform the existing payment gateway, leading ...

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Ajman to boost economic cooperation with Pakistan

Ajman / WAM Abdullah Al Muwaiji, Chairman of the Board of Directors of Ajman Chamber of Commerce and Industry (ACCI), has affirmed the chamber’s keenness to consolidate its external relations and build strong partnerships to achieve sustainable future growth for the economy of the emirate of Ajman. This came during his meeting, at the chamber’s headquarters, with Faisal Niaz Tirmizi, ...

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