Ajman / Emirates Business City Centre Ajman is set to become bigger and better with new restaurants boasting al fresco dining, cafes, stylish retail outlets and value stores. The mall, which is owned and operated by Majid Al Futtaim – the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa – is undergoing a comprehensive …

Bloomberg Saudi Arabia promised deep cuts to crude exports next month, emphasizing its commitment to eliminating a global oil-supply glut even as OPEC and its allies said Libya and Nigeria would keep increasing output. Shipments from the Organization of Petroleum Exporting Countries’ largest producer will be capped at 6.6 million barrels a day in August, 1 million lower than a …

SINGAPORE / Reuters Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs said in research note on refining on Monday. Economic expansion in emerging markets – led by India – may stave off reaching a peak until …