Bloomberg Oil futures held steady, despite a stronger dollar and physical prices in Asia continuing to trade at weaker levels than a month ago. Premiums for Russia’s ESPO have fallen by more than $1 since last month, according to traders who asked not to be identified. It follows a flurry of new Covid cases in China, potentially menacing demand, and ...

ABU DHABI / WAM Masdar, host of the Abu Dhabi Sustainability Week (ADSW), on Monday announced that Taqa Group (Abu Dhabi National Energy Company) will support the global platform for accelerating sustainable development as ADSW’s Energy Sector Partner. The partnership will support the ADSW’s initiatives and events, which are bringing global leaders together virtually from January 18- 21 to engage ...

DUBAI / WAM Dubai Financial Market (DFM) on Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT. The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast ...