ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) on Wednesday reported its financial results for the full year ended December 31, 2018. Adnic delivered a strong set of results, with gross written premiums up by 10.1% year-on-year to AED 2.91 billion driven by growth across core lines of business. Net technical profit of Adnic increased by 22.8% to ...

Bloomberg Oil climbed for a second day after Saudi Arabia pledged to deepen production cuts and US President Donald Trump said he might extend a deadline for additional tariffs on China. Futures in New York added as much as 1.5% after rising 1.3% on Tuesday. The world’s biggest crude exporter will continue to curb output more than required by a ...

ABU DHABI / WAM Etihad Airways will introduce the Boeing 787-9 Dreamliner on its daily service from Abu Dhabi to Chengdu, China, effective July 1, replacing the Airbus A330-200 currently operating the route. Also from July 1, the airlines’ daily service from Abu Dhabi to Shanghai will be upgraded from the 787-9 to the larger 787-10 Dreamliner. Once the changes ...