Bloomberg Oil fluctuated after recording the biggest weekly gain in a month as supplies returned in Libya and Kazakhstan, and investors tracked China’s handling of its first community spread of omicron. Brent crude was narrowly higher after swinging between gains and losses. The global benchmark rises more than 5% last week and touched $83 a barrel, the highest level ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) and FTSE Russell have partnered to develop co-branded indices, supporting the exchange’s recently launched derivatives market and bringing the exchange’s stock performance measures into line with global standards. The FTSE ADX General Index is replacing the ADX General Index, and FTSE ADX sector indices will take the place of ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) commissioned 1,310 new 11 kV power distribution stations across Dubai from January 1 until December 31, 2021. This is part of its efforts to provide a state-of-the-art infrastructure that keeps pace with growing demand and meets customer needs. These stations are mainly at Mohammed bin Rashid Gardens, Airport City, Wadi ...