Bloomberg Oil in London moved back above $40 a barrel, as markets broadly rebounded from Tuesday’s sharp selloff. Futures rise 1.1% after a precipitous slump a day earlier that saw prices settle below $40 for the first time since June 15. While crude rallied along with other risky assets, it also found technical support on Wednesday. Brent dropped a few ...

Abu Dhabi / WAM Abu Dhabi Government Services Ecosystem (Tamm) on Wednesday expanded its “TAMM Cares” initiative with the introduction of the “Tamm Digital Agent” service to help improve digital experiences for consumers in the emirate. The service was rolled out to support customer segments that aim to complete digital government services using digital channels from their homes or offices. ...

Abu Dhabi / WAM Adnoc Onshore, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), on Wednesday announced the award of two Engineering, Procurement, and Construction (EPC) contracts to upgrade two Main Oil Lines (MOLs) and crude receiving facilities at the Jebel Dhanna terminal in the emirate of Abu Dhabi. The EPC contracts have a combined value of around ...