Bloomberg Crude rose by the most in a month as traders focus on supply risks from Canada to the Middle East. Futures in New York advanced as much as 2.5 percent on Monday amid speculation that a Canadian oil-sands facility that supplies US refineries won’t return to full production as quickly as expected. Threats elsewhere included an imminent labour strike …

DUBAI / WAM Commercial Bank International (CBI) announced financial results for first six mon- ths of 2018, with net profit up 55 percent to AED81 million, compared to AED52 million in H1 2017. Operating profits were up 6 percent to AED194 million, from AED183 million during same period last year. Mohammad Sultan Al Qadi, Chairman of CBI, said, “The strong …

JAKARTA / WAM The Emirates Authority for Standardisation and Metrology (ESMA) has signed a Memorandum of Understanding (MoU) with Indonesia’s National Standardisation Agency (BSN) and National Accreditation Committee (KAN) to officially recognise halal certificates issued by KAN. ESMA Director-General Abdulla Abdul Qader Al Maeeni told Salaam Gateway, which is a joint effort between Dubai Islamic Economy Development Centre and Thomson …