SHARJAH / WAM Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI) met with Luis Limos Iqerga, the Brazilian Ambassador to the UAE, at the chamber’s headquarters. During the meeting, the two sides discussed ways of boosting cooperation in various sectors, especially trade and investment, as well as promoting friendly ties between business communities in ...

Bloomberg Pessimism is back in vogue in the oil markets, as investors bet sputtering trade talks and swelling US output can kill crude’s rally. Hedge funds lifted bearish bets on West Texas Intermediate crude by 39%, the biggest short-selling surge in more than eight months. Meanwhile, bets on a rally retreated for the second straight week. Crude futures slipped to ...

BEIRUT / WAM UAE Ambassador to Lebanon Hamad Saeed Sultan Al Shamsi has commissioned a number of facilities at the Vocational Centre of Beirut after they have been revamped by the Emirates Red Crescent. The facilities include heating, ventilating and air conditioning units as well as a computer lab. They fall within the ‘Year of Tolerance’ initiatives implemented by the ...