Bloomberg Oil rose to the highest in nearly three months with positive Covid-19 vaccine developments paving the way for a more sustained recovery in oil demand. Futures rose 5% in New York this week for a third straight weekly gain as Pfizer Inc and BioNTech SE requested emergency authorisation of their Covid vaccine. Moderna Inc also released positive interim results ...

ABU DHABI / WAM Aldar Properties PJSC (‘Aldar’) on Saturday announced that Noya, its latest residential community in the heart of Yas Island, was sold out in four hours on the first day of the public launch, generating over AED 1 billion in sales, taking the year to date sales to over AED 3 billion. The launch of the 510-unit ...

DUBAI / WAM Dubai Electricity and Water Authority, DEWA, has added a new accolade to its record of global achievements by winning the “Innovative Power Technology of the Year 2020” award at the 16th Asian Power Awards, considered one of the most prestigious electricity awards in Asia. This is in recognition of its Thermodynamic Digital Twin Gas Turbine Intelligent Controller ...