Bloomberg Oil falls for a second day as the European Union (EU) considered a higher-than-expected price cap on Russian crude and evidence mounted of challenges to demand. West Texas Intermediate slipped below $78, trading in a narrow range and with volumes thin due to a US holiday. EU diplomats are locked in negotiations over how strict the Russian mechanism should ...

  Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) confirmed a new date for the launch attempt of the Emirates Lunar Mission. The inaugural launch of the Rashid Rover is now scheduled to take place on November 30 at 03:39 AM Eastern US Time or 12:39 PM UAE time. In collaboration with the partners – SpaceX and ispace, ...

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) signed a financing agreement with the Argentine government for an AED105.8 million ($28.8 million) project to build modern water plants and rehabilitate and expand existing water stations in 26 villages in Cordoba province. The agreement was signed by Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development; and ...