Bloomberg Oil slumped as concerns over a global slowdown and weaker demand vied with a tightening supply outlook after Opec+ cut output. West Texas Intermediate traded near $90 a barrel, after earlier falling as much as 2.9%. JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the US and global economies are likely to sink into recession next year, ...

  Dubai / Gulf Time Etisalat UAE, branded as etisalat by e&, on Tuesday announced a memorandum of understanding (MoU) with Emirati Talent Competitiveness Council (ETCC) to participate in the Nafis initiative that will involve the hiring and empowering of more than 500 Emirati professionals in its retail, customer service, technology and IT space in a span of five years. ...

  Dubai / WAM The UAE Federal Tax Authority (FTA) on Tuesday announced the launch of the new “EmaraTax” integrated platform later this year following an extensive period of assessment, consultation and development. EmaraTax will significantly enhance the way that taxpayers can access the FTA’s services, pay their taxes and obtain refunds. The new platform also greatly enhances the ability ...