Bloomberg Russian markets were paralysed and traders struggled to price the ruble as international sanctions shook the country’s financial system. The Russian currency lost a third of its value in offshore trading at one point and hit an all-time low of 109.185 per dollar in Moscow. Quotes were infrequent and volatile at the start of the session, and traders ...

  AMMAN / WAM The Emirates Red Crescent (ERC) has intensified its humanitarian efforts and relief programmes to reduce the repercussions of the severe cold and bad weather conditions on the lives of the affected and refugees in Jordan. The UAE provided more winter aid to benefit more than 120,000 people in several Jordanian governorates. The assistance included heating devices, ...

  ABU DHABI / WAM The total value of the UAE’s non-oil foreign trade in 2021 amounted to nearly AED 1.9 trillion, reflecting a 27 percent growth compared to 2020, and by 11 percent compared to 2019, as the growth was consistent across all areas of trade, including exports, imports and re-exports. The individual non-oil foreign trade figures of all ...