Bloomberg Dubai-based Arqaam Capital Ltd. and Abu Dhabi’s The National Investor are weighing a possible merger, according to people with knowledge of the matter. The investment banks are in talks about a combination that would create an entity with an equity value of about $250 million, according to one of the people, who asked not to be identified because the ...

Bloomberg Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it. State-run producer Saudi Aramco will sell additional cargoes to customers in the world’s biggest oil-consuming region for June loading, according to people with knowledge of the matter. The shipments will be on top of those scheduled under long-term crude contracts, ...

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, continues to reduce carbon dioxide emissions by implementing fuel saving initiatives, reinforcing its commitment to sustainability. Following a number of improvements aimed at enhancing operational fleet efficiencies, Etihad Airways reduced 148,000 tonnes of carbon emissions in 2018. The savings are equivalent to approximately 1,236 flights ...