Bloomberg Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the US could be underway within three weeks improved the demand outlook. Markets broadly rallied after AstraZeneca Plc became the latest company to report a vaccine that protects most people from coronavirus. Vaccinations will “hopefully” start as soon as December 11 or December 12, Moncef ...

SHARJAH / WAM The Sharjah International Airport Free Zone(SAIF Zone), together with Hamriyah Free Zone Authority (HFZA), signed a Memorandum of Understanding (MoU), with the Sharjah Municipality (SM), to support their digital transformation vision, enhance cooperation and upgrade work mechanisms. The MoU is expected to save investors’ time, facilitate, quicken and simplify procedures for completing transactions. It will also ensure ...

Dubai/ WAM AquaChemie Middle East – a leading chemical sales and services company and part of the UAE-based AquaChemie Group – on MOnday broke ground on its strategic, world-class petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The AED150 million ($40 million) project will serve as a vital gateway, facilitating and boosting the growing petrochemical trade between manufacturers ...