Bloomberg Oil edged lower as the resurgence of the coronavirus in the US continued to dampen the prospects of a broader demand recovery. Futures in New York fell 1.3% towards $39 a barrel. With the coronavirus running rampant across southern and western America and many states pausing or reversing reopening measures, the outlook for energy demand in the world’s largest ...

ABU DHABI / WAM In 2019, the number of mosques and musallas in the UAE reached 9,083 and 163 respectively, according to statistics released by the Federal Competitiveness and Statistics Authority (FCSA). Mosques with a capacity of more than 100 worshippers accounted for 85 percent of the total number with 301 mosques each accommodating more than 1,000 worshippers. Figures also ...

Dubai / WAM DMCC — the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, announced the signing of a Memorandum of Understanding (MoU) with the Guangzhou Diamond Exchange (GZDE) establishing a strategic partnership with one of China’s leading international diamond trading platforms and communities. The agreement strengthens bilateral ties between the UAE and China, ...