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Dubai Customs’ centres handle $238.4b of goods

Dubai / WAM Air Cargo Centres Management has dealt with 81.162 billion items of goods since the beginning of 2022 until the end of November, with an estimated value of AED 875.86 billion ($238.4bn), including insurance and shipping costs. The management includes Cargo Village (customer service and inspection), Airport Free Zone (customer service and inspection), Emirates Post Inspection Centre, Air ...

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Russia says it may reduce daily oil output by 700,000 barrels

  Bloomberg Russia may reduce its oil output by 500,000-700,000 barrels a day in early 2023 in response to the Group of Seven’s price cap on the nation’s crude exports, according to Deputy Prime Minister Alexander Novak. “We are ready to partially cut our production early next year,” he said in an interview with Rossiya-24 TV channel, adding the volumes ...

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First phase of Ras Al Khor road project opens

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) opened on Sunday Phase I of the Sheikh Rashid bin Saeed Improvement Corridor Project extending from the intersection of Ras Al Khor with Dubai-Al Ain Road (Bu Kadra intersection) to the intersection of Ras Al Khor Road with Nad Al Hamar Road. Works included widening the road from three to ...

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