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Opec+ bid to rescue oil market falters as demand bounce fades

Bloomberg It was meant to be the week when the Organisation of Petroleum Exporting Countries (Opec) nations gathered in Baghdad to celebrate the cartel’s six decades as a dominant force in global oil markets. Instead, the Opec and its allies will convene online, and reflect on whether the coranavirus has thwarted their best efforts to keep the market afloat. After ...

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UAE reaffirms vow to uphold rights of children globally

NEW YORK / WAM The UAE reiterated its continued commitment to upholding the rights of children around the world, particularly those in conflict situations, including by protecting schools and preventing grave violations, as well as protecting the right to education and the need to provide opportunities for fulfillment and growth to the most vulnerable. The UAE stated that protecting education ...

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Dubai South Properties invests AED500m in new staff housing

Dubai / WAM Dubai South Properties announced that investments in its first leasehold staff accommodation development, Sakany, have reached AED500 million, helping to position the project as a regional benchmark for safe and secure housing for blue collar workers. The welfare of residents is central to the Sakany project, reflected in its first-rate leisure facilities and well-equipped medical rooms. There ...

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