DUBAI/ WAM Oasis Malls has announced closure of its mall outlets for two weeks on Wednesday. In a statement, Oasis Malls explained that mall closures will exclude Carrefour, pharmacies and clinics within the shopping malls in Dubai and Sharjah. “Oasis Malls will carry on with its daily cleaning and disinfection practices in line with the UAE Ministry of Health and ...

ABU DHABI / WAM Over the past three years, the UAE’s banking sector has expanded, and now it provides 98 percent of its services to customers electronically, enabling them to achieve their transactions safely online. Studies performed by the Federal Competitiveness and Statistics Authority, FCSA, highlighted an increase in the number of users of digital banking services to 90 percent, ...

Bloomberg As the US finds itself in the unfamiliar position of lobbying for higher oil prices, China’s enjoying what amounts to a major rebate from crude’s crash just as it tries to recover from the coronavirus. The world’s biggest oil importer is saving about $250 million a day after crude prices crashed this year amid dual demand and supply shocks. ...