Bloomberg Oil traded near a five-week low as concern over supply losses from Iran to Russia were offset by high American stockpiles and fears that if US-China trade talks fail it could dent global demand. Futures erased earlier gains to fall as much as 0.5 percent in New York after a 1.4 percent plunge. Russian tankers continue to hold Urals ...

DUBAI / WAM Joint task forces comprising representatives of the governments of the UAE and Uzbekistan held a four-day series of meetings and workshops to discuss 17 areas of cooperation in modernising government work. The workshops’ agenda falls within the framework of an official visit of a high-level Uzbek government delegation to the UAE, aimed at activating a strategic partnership ...

Abu Dhabi / WAM The latest figures released by the Department of Culture and Tou-rism — Abu Dhabi for emirate’s hospitality sector reveal that total hotel revenues for the emirate for Q1 of 2019 have increased by more than 16 percent compared to the same period in 2018. In total 1,291,482 visitors were guests of Abu Dhabi’s 169 hotels and ...