Bloomberg Asian buyers are snapping up oil at higher prices than last month, helping to bolster physical crude markets across the world and underpin a rally in futures. Driven by a slew of purchases from Indian and Chinese refiners, crude values everywhere from Russia to the Middle East and Latin America have surged so far. Spot trading activity has been ...

ABU DHABI / TEL AVIV / WAM Abu Dhabi Securities Exchange (ADX) and the Tel Aviv Stock Exchange (TASE) on Wednesday signed a Memorandum of Understanding (MoU), the first time an Arab exchange has entered into a commercial relationship with the state of Israel. The MoU will facilitate the development of channels of communication to foster co-operation between the two ...

ABU DHABI / WAM The UAE on Wednesday sent a third aid plane carrying 14.4 metric tons of medical supplies and testing kits to the Gaza Strip in coordination with the Commission for Solidarity in Gaza, benefiting more than 14,000 healthcare professionals as they work to combat Covid-19. This comes as part of the UAE’s efforts to offer assistance in ...