ABU DHABI / WAM The UAE’s banking system strengthened its support for the agricultural sector in the first quarter of 2020, by providing financing valued at more than AED500 million to agricultural projects from January to March this year. This support is in line with the country’s efforts to achieve its food security strategy, which is a top priority of ...

Emirates Business Agthia group, one of the region’s leading food and beverages companies, announced their partnership with the Emirates Red Crescent (ERC) with the aim to provide the delivery of staple food items to community members amidst the health situation. This Agthia ‘Wholehearted Giving’ CSR initiative is part of the group’s continued efforts to contribute to society and is being ...

FUJAIRAH / WAM Oil product stockpiles at the Middle East’s key oil hub of Fujairah rose 6.4 percent in the week, climbing to a record high for a second consecutive week as light, middle and heavy distillates all saw builds. Total product stocks were 27.859 million barrels, up from the previous high of 26.192 million barrels a week earlier, according ...