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DIFC signs deal with Israel’s Bank Hapoalim

DUBAI / WAM Dubai International Financial Centre (DIFC) has entered into an agreement with Bank Hapoalim, one of Israel’s largest banks, to create a framework for both organisations to forge cooperation across financial services activities. Under the agreement, Bank Hapoalim will become part of DIFC’s global network of banks, financial centres, regulators and companies that are disrupting the financial and ...

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UAE bans imports from four countries due to bird flu

Abu Dhabi / WAM The Ministry of Climate Change and Environment (MOCCAE) issued four resolutions banning the import of birds and their byproducts from areas that recorded an outbreak of highly pathogenic avian influenza during November 2020 as per notifications from the World Organisation for Animal Health, OIE. The resolutions ban the import from the Netherlands, Germany, and select areas ...

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Oil rises for third straight week on Covid-19 vaccine optimism

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 ...

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