Bloomberg Oil falls alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a Opec+ meeting this week to decide on output policy. Futures in New York fall as much as 2.6%, with the Bloomberg Dollar Spot Index rising to the highest since November, thereby reducing the appeal of commodities priced in the currency. Weaker US ...

DUBAI / WAM Khalifa Fund for Enterprise Development and the Etihad Credit Insurance (ECI), the UAE federal export credit company partnered to shore up the export capabilities of the country’s small and medium enterprises (SMEs). A Memorandum of Understanding (MoU) was signed by Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund and Massimo Falcioni, CEO of the ECI. The ...

Sharjah / WAM A new partnership between the Sharjah Entrepreneurship Centre (Sheraa) and Sharjah FDI Office (Invest in Sharjah) is poised to take Sharjah’s ecosystem offerings to the next level. The entities signed a Memorandum of Understanding, which paves the way for a series of strategic moves they will be jointly making to accelerate UAE’s post-Covid recovery. The core objective ...