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Oil dips as US stockpiles swell

Bloomberg Oil hit the lowest in a month after the US government data showed expanding crude stockpiles. Futures fell as much as 3.2 percent in New York on Wednesday. Domestic crude inventories rose by more than twice the rate forecast by analysts last week, according to the Energy Information Administration. Stored supplies have been growing for four weeks, the longest ...

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Emirates Post, Fujairah free zone ink e-connectivity pact

FUJAIRAH / WAM Emirates Post and Fujairah Free Zone (FFZ) have signed a cooperation agreement to integrate services and activities across common divisions in efforts to provide enhanced services to investors within the free zone. It aims to improve the quality of postal services provided to the authority’s customers and partners by harnessing e-connectivity across combined functions. The agreement was ...

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Etihad to launch its new lounge brand in Australia

ABU DHABI / WAM Etihad Airways has named Sydney and Melbourne as the next airports in the global rollout of new lounge brand ‘The House’, recently launched by the airline in partnership with No1 Lounges. Eligible customers of Etihad Airways, and those of its partner airline, Virgin Australia, travelling through Sydney will be able to experience The House from October ...

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