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Oil gains as resurgence of virus threatens demand

Bloomberg Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market. Futures in New York edged lower, but still managed to record an advance of 0.7% this week on shrinking US crude stockpiles and signs of improving demand in China and India. ...

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Wizz Air Abu Dhabi all set to launch operations

Abu Dhabi / WAM Wizz Air Abu Dhabi, the new national airline of the UAE’s, officially received its Air Operator Certificate (AOC) from the UAE General Civil Aviation Authority (GCAA). Receiving the AOC completes the last step in the regulatory processes for starting the airline and is the confirmation from the GCAA that Wizz Air Abu Dhabi is in compliance ...

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Aldar signs deal to support UAE’s frontline professionals

Abu Dhabi / WAM Aldar Properties (Aldar) signed a Memorandum of Understanding (MoU) with the Frontline Heroes Office (FHO) to recognise and support UAE’s frontline professionals. The agreement allows Aldar to directly support the Frontline Heroes Office’s mission to raise awareness of the key role played by frontline professionals during crises and emergencies in 2020 and beyond. The FHO supports ...

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