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Oil records biggest weekly drop since July on demand pessimism

Bloomberg Oil registered its biggest weekly decline since July as a streak of disappointing economic data compounded fears about a global recession. The 0.7% rise in New York-traded futures wasn’t enough to correct a 5.5% drop for the week. Rising US payrolls and the lowest unemployment rate in five decades undercut prospects of interest-rate cuts by the Federal Reserve. “The ...

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Abu Dhabi’s bright future in focus at WRC

Abu Dhabi / Emirates Business A series of key infrastructure improvements to transform the future of transport in Abu Dhabi will be outlined by the Department of Transport – Abu Dhabi (DoT) before a global audience at the World Road Congress Abu Dhabi 2019. Thousands of road transport professionals will be offered an insight into how Abu Dhabi has built ...

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ADX showcases digital services at Gitex Technology Week

Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX) is participating at Gitex Technology Week 2019, taking place from October 6-10 at the Dubai World Trade Centre (DWTC). For the sixth consecutive year, ADX’s participation, within the Pavilion of the Abu Dhabi Government, will showcase its achievements in digitalising its services and highlight its efforts to enhance Abu Dhabi’s ...

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