Bloomberg Oil rebounded as a new virus treatment showed promising results, but rising Covid-19 cases continued to weigh on the market. Oil gained 2.4% in New York, but is still down for the week. The market followed stocks higher after Gilead Sciences Inc. said its remdesivir treatment cut Covid-19 mortality risk by 62%. Still, the coronavirus pandemic is far from ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has embarked on the Operational Phase of the Software Asset Management Project, a key tool for leveraging asset management structures. It caters to the development of a specialist software encompassing all financial and contractual details of the RTA’s assets as well as the development of competent personnel to manage the system. ...

DUBAI / WAM Dubai SME, the agency of Dubai Economy, mandated to develop the small and medium enterprise (SME) sector and entrepreneurship continued to expand and diversify its advisory and support programmes in 2019 with an added emphasis on enhancing SME competitiveness and strengthening Dubai as a hub of innovation and entrepreneurship. The past year saw 3,871 Emirati entrepreneurs benefit ...