Bloomberg Oil rebounded back beyond $50 a barrel as Opec+ entered a second day of discussions on impact of coronavirus outbreak. Futures rose 3% in New York, reversing some of the dramatic collapse across the futures curve this week that saw the market fall into a bearish contango structure — indicating oversupply. The recovery reflects speculation that Opec+ talks in ...

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, has announced that it will increase frequencies on its popular Abu Dhabi to Athens route during the busy summer peak months. According to a press release issued by Etihad on Wednesday, the additional overnight service will be operated between July 8 and August 31 by an Airbus A320 ...

DUBAI / WAM Luxembourg has joined the Country in Residence programme in Area 2071, an initiative of Dubai Future Foundation (DFF), to reinforce knowledge and experience exchange between Luxembourg and the UAE. The collaboration will ensure a collaborative effort to develop innovative solutions to future challenges in key sectors. Luxembourg is the sixth country to join the initiative. DFF launched ...