DUBAI / WAM The Emirates Food Security Council, in conjunction with the Ministry of Energy and Industry, has revealed that 568 factories in the UAE produce 5.96 million tonnes of food and beverage (F&B) products annually, with 2.3 million tonnes comprising essential food items. Releasing a statement to highlight the efficiency of the UAE’s food production landscape, the council announced ...

Bloomberg Oil jumped for a second day as global production cuts deepened and signs of a fledgling demand recovery emerged. Futures in New York rose by as much as 18%. Norway said it will participate in oil-output cuts for the first time since 2002, joining other major producers in reining in supply. Data on Wednesday showed a surprise surge in ...

ABU DHABI / WAM The United Arab Emirates has affirmed its commitment to achieving a political solution in Libya and called for an immediate and comprehensive ceasefire. In a statement issued on Thursday, the Ministry of Foreign Affairs and International Cooperation emphasised the UAE’s support for a political solution to end the ongoing Libyan crisis in line with the outcomes ...