Agencies President His Highness Sheikh Khalifa bin Zayed Al Nahyan, sent a cable of condolences to President of Arab Republic of Egypt, Abdel Fattah el-Sisi on the death of the former Egyptian President, Hosni Mubarak. In the cable, His Highness Sheikh Khalifa expressed his heartfelt condolences and solace on the death of Hosni Mubarak. His Highness Sheikh Mohammed bin Rashid …

Bloomberg The Organisation of Petroleum Exporting Countries (Opec) hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the coronavirus batters the global economy and threatens demand for crude. Opec and its allies are to meet next week in Vienna to assess their global cuts policy. Energy Minister Prince Abdulaziz bin …

Bloomberg The worrying prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalisation era is renewing doubts over the stability of the world economy. With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, some economists are beginning to war …