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UAE, Uzbekistan to expand economic partnership

DUBAI / WAM UAE and Uzbekistan announced a new phase of their strategic partnership for government modernisation, introducing new sectors including economy, manufacturing, and business incubators. The announcement was made during a video conference meeting held between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Sardor Umurzakov, Deputy Prime Minister – Minister of Investment and Foreign Trade of ...

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UAE upgrades its testing labs to enhance food safety

Abu Dhabi / WAM The UAE is raising capacities of testing laboratories to enhance food safety across the country, a top official told Emirates News Agency. “At present, the foremost of my priorities is food security. At the Ministry of Climate Change and Environment, we focus on raising the UAE’s food security, diversity, and self-sufficiency, enhancing the competitiveness of country’s ...

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Oil holds near $40 with stock markets rising

Bloomberg Oil held near $40 a barrel in New York as positive European manufacturing data and rising equity markets gave some respite to demand worries. Futures edged higher, buoyed by stronger-than-expected manufacturing figures from Germany, while S&P 500 futures advanced with European equities. Citigroup Inc. said it remains bullish on the outlook for oil, though the market is undergoing a ...

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