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Russia cuts oil output to comply with Opec pact

Bloomberg Russia’s oil producers cut their output deeper in February as the nation strives to implement an agreement with Opec following criticism that it was moving too slowly. The country produced 43.3 million tons of oil last month, according to preliminary data from the Energy Ministry’s CDU-TEK unit. That’s equivalent to 11.336 million barrels a day, down 82,000 barrels per ...

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Ajman Free Zone’s new app to make business management easier, faster

Ajman / Emirates Business Ajman Free Zone launched a new and innovative mobile app to make business management easier and faster, at an event attended by Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of the Free Zone. The newly-launched app will reduce the time and effort it takes for business owners to obtain a new licence or to renew a ...

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589mn riders used Dubai’s public transport

Dubai / WAM Dubai’s Roads and Transport Authority (RTA), announced ridership of public transit means in Dubai, comprising Metro, Tram, Buses and marine transit modes as well as e-hail vehicles, smart rental cars and taxis (Dubai Taxi and franchise companies), have combined lifted about 589 million riders in 2018. The figure reflects a notable increase from 2017, which amounted to ...

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