Recent Posts

Atlantic Council Global Energy Forum to be held on March 28

ABU DHABI / WAM The Atlantic Council announced on Friday that the 2022 Global Energy Forum will now be held alongside Expo 2020 in Dubai from March 28-29. The forum, which is part of Abu Dhabi Sustainability Week, will also be hosted in conjunction with the 2022 World Government Summit a major global convening focused on the tools, policies, and ...

Read More »

M1 surges to AED686bn at end of November 2021

M1

  Abu Dhabi / WAM The central bank announced that the money supply aggregate M1 increased by 2.1%, from AED671.6 billion at the end of October 2021 to AED686.0 billion at the end of November 2021. The money supply aggregate M2 increased by 1.3%, from AED1,498.3 billion at the end of October 2021 to AED1,517.1 billion at the end of ...

Read More »

Oil set for third weekly gain as market tightens on outages

Gs caltex oil terminal as u.s. poised to release oil from reserve with other nations

  Bloomberg Oil was poised for a third weekly gain as demand remained resilient while supplies are frayed across the Opec+ coalition and beyond. Futures increased again on Friday to trade near $80 a barrel in New York, bringing this week’s increase to almost 7%. Kazakhstan’s biggest oil producer has altered output at the giant Tengiz field following protests in ...

Read More »
Send this to a friend