Bloomberg Oil was headed for its longest run of daily gains since February 2019 after a drop in US crude stockpiles added to signs that the market is starting to balance. West Texas Intermediate futures rose for a sixth day in New York to near $34 a barrel. American inventories fell for a second week, and there was a record ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) joined the Arab Coordination Group (ACG) Institutions’ $10 billion commitment to help developing countries respond to the Covid-19 pandemic and help their economic recovery. The support, agreed at a virtual ACG meeting, will initially focus on helping developing countries obtain the medical supplies and protective equipment they need. It will ...

DUBAI / Emirates Business Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect, with the resumption of regularly scheduled passenger flights to nine destinations. “Emirates is implementing a comprehensive set of measures at every step of ...