Bloomberg Oil posted its second weekly loss for the month, as a surge in US coronavirus cases clouds the demand outlook and casts doubts on the market’s recovery. Futures in New York slipped 3.2% this week. The price slump comes just days after oil closed above $40 for the first time since early March, and following a run of weekly ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), has held a video conference with Michael Dell, Chairman and CEO of Dell Technologies, a global leader in telecommunications and information technology. The meeting aimed at sharing the best international practices and experiences between the two organisations to adopt and offer futuristic digital ...

ABU DHABI / WAM The General Command of Abu Dhabi Police announced on Saturday that traffic is banned for heavy vehicles and trucks on roads restricted to peak times in the Emirate of Abu Dhabi, starting June 28. According to a statement issued by Abu Dhabi Police, in Abu Dhabi city peak times will be from 6:30 am to 9:00 ...