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Oil rises on vaccine hopes, China demand recovery

Bloomberg Oil rose in New York as Moderna Inc reported its Covid-19 vaccine is highly effective against the virus. Moderna’s shot had 94.5% efficacy in a preliminary analysis of a large, late-stage clinical trial. That followed similar positive news for a vaccination being developed by Pfizer Inc. last week, buoying risky assets globally. The full impact of a vaccine on ...

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UAE minister launches ‘global call for tolerance’

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, launched a global call for tolerance, entitled, “Call for Tolerance,” at 11:16 on Monday, as part of the UAE’s celebration of the International Day for Tolerance and on the sidelines of the National Festival for Tolerance and Coexistence organised by the Ministry of Tolerance and ...

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RAK named Gulf Tourism Capital again

Ras Al Khaimah / WAM Ras Al Khaimah has been named, for the second straight year, the Gulf Tourism Capital for 2021 at the fifth annual meeting of Tourism Ministers of the GCC. The virtual meeting discussed Gulf integration in the tourism sector, where Ras Al Khaimah was commended for its identity as a sustainable tourist destination, and awarded the ...

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