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Oil holds near 6-week high on signs US supplies rose

Bloomberg Oil held near a six-week high as signs of another increase in US crude reaffirmed the prevailing view that global markets are comfortably supplied. Futures added 0.2% in New York after rising 5.6% over the past three sessions. The American Petroleum Institute reported that crude stockpiles increased by 4.26 million barrels last week, according to people familiar with the ...

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Adnoc hosts 12 business majlises

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced, on Wednesday, the completion of 12 business partnership majlises, held at the Adnoc HQ during the past two months. These majlises were conducted to forge a deeper relationship between Adnoc and its private sector community, stimulating constructive supplier feedback around Adnoc’s smart-procurement approach to partnership and the company’s ...

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Airlines, airports spend record $50bn on IT solutions in 2018

Dubai / Emirates Business Airlines and airports spent a record $50 billion in 2018 on IT to support improvements to the passenger journey and are now beginning to enjoy the benefit of that investment. Figures published by SITA for the first time show that this investment has resulted in a significant improvement in both the satisfaction levels for passengers and ...

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