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Oil holds near $42 as investors weigh demand against virus

Bloomberg Oil held near $42 a barrel in London as investors weighed signs of rebounding demand against a resurgence in new coronavirus cases. Opec and its allies are on track to rebalance the oil market and there are encouraging signs of recovery, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman told an Opec+ meeting last week. However, California reported record ...

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Abu Dhabi Pay offers secure methods of digital payment

ABU DHABI / WAM Abu Dhabi Pay launched through the Abu Dhabi Government (TAMM), the Abu Dhabi government services ecosystem is the latest unified digital payment platform for all government services in the emirate. The platform provides secure and standardised methods of digital payment for all government services across different channels, ensuring customer no longer need to visit government offices ...

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Adnoc Distribution named region’s top retail brand

ABU DHABI / WAM Adnoc Distribution has been named the No1. retail brand in the region in the Forbes Middle East Top 100 Companies 2020. Adnoc Distribution, ranking at number 52 overall, is one of 21 UAE companies to be listed, with GCC companies accounting for 90 percent of the total 100. Compiled of the largest and most successful listed ...

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