Bloomberg Oil declined for a third day as the coronavirus spread in China and a report showed a surprise build in US crude inventories. West Texas Intermediate futures slumped as much as 3.4%. The delta strain of Covid-19 has been detected in almost half of China’s 32 provinces in two weeks, and at least 46 cities have advised residents against ...

DUBAI / WAM The Ministry of Human Resources and Emiratisation has declared Thursday, August 12, an official paid holiday for all private sector employees in the UAE to celebrate the Islamic new year (Hijri Year 1443). As WAM reported earlier on Wednesday, the Federal Authority for Government Human Resources (FAHR) has announced Thursday a public holiday for the federal government. ...

SHARJAH / WAM The Sharjah Economic Development Department (SEDD) and the Ministry of Energy and Infrastructure discussed ways of boosting their cooperation, in light of their mutual keenness to help achieve their strategic goals and establish effective relations. This came as part of a meeting between Sultan Abdullah bin Hedah Al Suwaidi, Chairman of SEDD, and Sharif Salim Al Olama, ...