Bloomberg Brent oil slid below $60 a barrel for a second day as investors weighed the prospects of a prolonged standoff between the US and China, following the Trump administration’s labelling of the Asian nation as a currency manipulator. London-traded futures erased an earlier rally to fall about 0.5 percent on Tuesday. A move by the People’s Bank of China ...

Abu Dhabi / WAM The number of licences issued for the top ten economic activities in the UAE totalled 3,976 from the start of the year to the end of July, according to the National Economic Register. Public trade continued to be the most active economic sector in the UAE during the first seven months of the year, reflecting the ...

ABU DHABI / WAM The Federal Customs Authority (FCA) has implemented a unified customs electronic system that will reinforce customs control methods across the Emirates. FCA has signed an agreement with the General Customs Authority — Abu Dhabi and a memorandum of understanding (MoU) with Dubai Customs under the framework of implementing common systems across UAE borders and customs administrations. ...