Bloomberg Global oil supply will struggle to meet rising demand next year, meaning consumers will continue to face tight fuel markets, the International Energy Agency (IEA) said in its first assessment of 2023. A resurgent Chinese economy will bolster consumption, while tighter sanctions on Russia will curtail oil output, the agency forecast in its latest monthly report. The Opec+ ...

  Abu Dhabi / WAM Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, visited one of the construction sites in Abu Dhabi to ensure the optimal implementation of the midday break – a ban on outdoor work between 12:30 and 15:00, which started on Wednesday and will continue until September 15. During his visit, Dr Al Awar stressed ...

  Abu Dhabi / WAM The UAE-Germany non-oil trade exchange exceeded AED478 billion during the period from 2012 through 2021, weighing more than 14 million tonnes, data from the Federal Competitiveness and Statistics Centre (FCSC) revealed. Imports accounted for 89.5% of the total trade exchanges, with exports comprising 3.5%, and re-exports 7%. The data showed that trade exchanges between the ...