Abu Dhabi / WAM First Abu Dhabi Bank (FAB) was named “Safest Bank in Middle East” for second year at Global Finance magazine’s Best Banks Awards. Andre Sayegh, FAB Deputy Group CEO and Head of Corporate and Investment Banking, said, “We are very proud to be receiving the Safest Bank in the Middle East Award for the second year in ...

Bloomberg Oil hit the lowest in a month after the US government data showed expanding crude stockpiles. Futures fell as much as 3.2 percent in New York on Wednesday. Domestic crude inventories rose by more than twice the rate forecast by analysts last week, according to the Energy Information Administration. Stored supplies have been growing for four weeks, the longest ...

FUJAIRAH / WAM Emirates Post and Fujairah Free Zone (FFZ) have signed a cooperation agreement to integrate services and activities across common divisions in efforts to provide enhanced services to investors within the free zone. It aims to improve the quality of postal services provided to the authority’s customers and partners by harnessing e-connectivity across combined functions. The agreement was ...