Bloomberg Oil edged higher as production was disrupted by two storms approaching the US Gulf Coast. Futures rose 0.8% in New York. Almost 58% of crude output, or more than 1 million barrels a day, in the Gulf of Mexico was closed as of midday. The storms Marco and Laura — the latter of which is forecast to become a ...

Abu Dhabi / WAM Noor Takaful, an Islamic insurance entity, has entered a strategic partnership with Ajman Bank. The partnership will see the addition of an array of solutions to Ajman Bank’s portfolio, ensuring their customers’ genuine Takaful requirements are met. Customers that have financial commitments underway will now have access to a comprehensive range of Takaful savings solutions, such ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA) announced that it has been named for a second time ‘Global Aluminium Supplier of the Year’ by Maxion Wheels, the world’s leading manufacturer of steel and aluminium wheels for passenger, commercial, and specialty vehicles. Maxion Wheels has used EGA’s metal since 1995 and produces more than 55 million wheels annually, supplying virtually ...