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Oil dips as weak demand fears counter Opec pledge

Bloomberg Oil slid to its worst loss in two weeks as mounting fears about the global economy undercut the latest plan from Opec and its allies to stabilise markets. Futures dropped by as much as 4.3 percent in New York, the steepest intraday decline since June 12. Bank of England Governor Mark Carney warned of the dangers of rising protectionism ...

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Dubai tops Arab world in future-readiness

DUBAI / WAM Dubai ranked first in the Arab world and 11th globally in ‘Future Readiness’ in 2019, according to ‘Global Competitiv- eness of Talent’ report issued by Institute for Administrative Development in Switzerland in cooperation with the Dubai Competitiveness Office in the Department of Economic Development (DED). The report evaluated various cities worldwide around three main axes — investment ...

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GCC construction projects value exceeds AED9.25 trillion in June

DUBAI / Emirates Business The total value of more than 26,000 construction projects exceeded AED9.25 trillion in June, according to the June 2019 Issue of the BNC Projects Journal: The Next Construction Circus — Setting the Stage for Growth, issued by BNC Network. Saudi Arabia leads the GCC region in the total value of construction projects worth $895.8 billion (AED3.29 ...

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