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Oil crashes 31% in worst loss since 1991 in price war

Bloomberg Oil crashed more than 30% after the breakup of the Opec+ alliance triggered an all-out price war, with both Russia and Saudi Arabia poised to flood the market with cheap oil. The former allies pledged swift retribution for the collapse of the cartel’s meeting last week, with the Gulf kingdom slashing its official crude prices and threatening record production, ...

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Etihad Airways halts flights to Saudi Arabia

ABU DHABI / WAM Etihad Airways announced that it suspended temporarily all flights between Abu Dhabi and the Kingdom of Saudi Arabia, in response to a directive from the General Authority for Civil Aviation, Saudi Arabia, to help prevent the spread of the Covid-19 virus. The airline operates up to 12 flights per day between Abu Dhabi and Saudi Arabia, ...

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Emirati women at Enoc complete leadership programme

Dubai / WAM Five Emirati women from the Enoc Group, completed a four-week multicultural leadership academic programme at the Scotland Summer School in Dundee, accredited by the Scottish Qualifications Authority. The employees, Fatima Saleh Alichla, Hind Al Shamsi, Marwa Abdulla, Amna Banihashem and Naaima Al Falasi, all attended the programme to learn about diverse subjects including civilisational dialogue, Scottish history ...

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