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Oil near $42 ahead of Opec+ review of easing output curbs

Bloomberg Oil fell below $42 a barrel in New York at the start of a week that will see Opec+ gather to assess its supply deal as countries struggle to contain the virus that’s hurt economies and fuel demand globally. The Joint Ministerial Monitoring Committee — the panel which reviews the deal between the Organisation of Petroleum Exporting Countries (Opec) ...

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HFZA signs two MoUs with Saif Zone

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone) and the Hamriyah Free Zone Authority (HFZA) signed two Memoranda of Understanding (MoU) with the Sharjah Driving Institute (SDI) to develop two driver training units in each zone. This is being done to enhance cooperation between both parties to achieve their common objectives, including strengthening public-private partnerships and providing ...

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Dubai-Africa trade to see 10% annual rise in next five years

Dubai / Emirates Business Dubai’s trade with Africa could see an annual increase of up to 10% over the next five years following the implementation of the African Continental Free Trade Agreement (AfCFTA), according to Dubai Chamber of Commerce and Industry’s latest forecast. The outlook for Dubai-Africa trade and new bilateral business opportunities created by AfCFTA were among the main ...

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