ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced it signed a five-year strategic partnership deal with Mastercard for the enablement of commercial cards and payments solutions. The move aims to simplify business-to-business (B2B) payments for companies in the UAE, making them more seamless, secure and convenient. Mastercard’s commercial cards and payment platforms will be made available to ...

ABU DHABI / WAM The UAE has strongly condemned and denounced the Iranian-backed terrorist Houthi militia’s terrorist and cowardly attack on the Abha Airport in Saudi Arabia that caused a fire in a civilian aircraft. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Wednesday, the UAE considered the onslaught a grave escalation and cowardly ...

Bloomberg Oil rose again to extend the longest run of gains in two years with a industry report showing falling US crude stockpiles the latest sign of tightening global supplies. While prices continue to surge, some of the biggest moves in the past day have come at the front of the futures curve. Brent’s nearest timespread has surged — a ...