ABU DHABI / WAM The United Arab Emirates has provided urgent humanitarian aid to those affected by the floods that swept the state of Pahang, Malaysia. The move is in implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up ...

Bloomberg Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying. Futures in New York advanced $3.72 this week and Brent oil topped $55 a barrel for the first time since February. Saudi Arabia’s pledge earlier this week to cut production by 1 million barrels a day ...

DUBAI / WAM Infrastructure projects valued at AED 10 billion are currently underway along the East Coast of the UAE, said Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure. The project are part of the 2018-23 five year plan, which includes the ministry’s investment programme and the projects undertaken by the Follow up Committee of the Initiatives of ...