Bloomberg The crude market is now offering its biggest yield in about a year — at a time when other asset classes are offering meager returns — causing a surge in investor appetite for the commodity. As oil futures power to $60 a barrel, the market’s forward curve has moved sharply into a pricing pattern where nearer-dated contracts are more ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, on Tuesday received at his palace Bakhtiar Ibrahimov, Ambassador of the Republic of Uzbekistan to the UAE. During the meeting, Sheikh Nahyan welcomed the ambassador of Uzbekistan and exchanged talks about the outstanding friendship between the UAE and his country, stressing the importance of boosting ...

DUBAI / WAM Visitors arriving at UAE airports will receive a “Martian Ink” stamp on their passports, in commemoration of the Hope Probe’s historic arrival to Mars on February 09. An emblem of the country’s ambition and guiding principle that the “Impossible is Possible”, the stamp — produced by the UAE Government Media Office in collaboration with Dubai Airports — ...