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Oil pares gains as traders evaluate omicron threat

Bloomberg Oil pared gains in volatile trading after rebounding from one of its biggest daily drops as traders weighed the risks to demand from the omicron variant of Covid-19 and the potential response by Opec and its allies. Futures in New York were up about 3.5% on Monday after earlier rallying as much as 7%. The World Health Organisation warned ...

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‘We draw strength from sacrifices of our martyrs’

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has said, “We draw lessons from the sacrifices of the nation’s martyrs for a strong and resilient country, capable of facing challenges… We are proud of them.” HH Sheikh Mohamed said the names of the ...

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Emirates Stallions acquires 70% stake in WFC Holding

Abu Dhabi / WAM Emirates Stallions Group (ESG), an ADX-listed company and a subsidiary of International Holding Company (IHC), acquired 70% of WFC Holding, a UAE leading technology, data-driven and outsourcing company specialised in Business Process Outsourcing (BPO) and Manpower Outsourcing (MPO). WFC Holding, through its subsidiaries Workforce Connexion, Integrated Business Centre, Corporate Solutions Consultants, and Multi-Serve Typing, provides clients ...

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