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No Opec decision yet on oil cuts: Saudi minister

Bloomberg The Organisation of Petroleum Exporting Countries (Opec) hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the coronavirus batters the global economy and threatens demand for crude. Opec and its allies are to meet next week in Vienna to assess their global cuts policy. Energy Minister Prince Abdulaziz bin ...

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UAE health sector attains numerous milestones

ABU DHABI / WAM Since 1971, the UAE’s health sector witnessed numerous milestones and significant achievements, in line with renewed health challenges. The UAE ranks first globally in terms of number of accredited health establishme- -nts, of which 85 percent have obtained global accreditation, as per Joint Commission International (JCI), reports. According to World Health Organisation (WHO), the UAE ranks ...

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Coronavirus could wipe out $1trn from global economy

Bloomberg The worrying prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalisation era is renewing doubts over the stability of the world economy. With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, some economists are beginning to war ...

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