SHARJAH / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, has explored potential ways of strengthening cooperation between Sharjah and Brasilia in vital sectors including culture, sports and science, with Fernando Luis Lemos Igreja, Brazilian Ambassador to the UAE. Both parties discussed the possibility of establishing Brazilian cultural centre in the emirate to ...

Bloomberg Brent oil extended gains to above $56 a barrel, rising with other assets on hopes of more US economic stimulus. While crude prices have undulated with the dollar and broader risk assets in recent days, it’s also being supported by renewed strength in the market’s structure. US crude’s closest contract is near the most expensive versus those for six ...

ABU DHABI / WAM Suhail Al Mazrouei, Minister of Energy and Infrastructure, has said that the UAE seeks to reduce the carbon footprint through the implementation of the Energy Strategy 2050, which aims to reduce carbon dioxide in the country by 70 percent. “The world aspires to accelerate the energy transition towards a low-carbon future and seeks to reduce emissions,” ...