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Oil traders say $100 coming as Opec struggles to fill supply gap

Bloomberg Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as Organisation of Petroleum Exporting Countries (Opec) and its allies struggle to compensate for US sanctions on Iran’s exports. With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President Donald Trump has ...

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Scottish entity to open office at DMCC

Dubai / WAM Dubai Multi Commodities Centre (DMCC) on Monday announced that the Scottish Business Network (SBN), an international membership organisation for Scottish entrepreneurs and business leaders, will open its representative office in Dubai in DMCC’s Free Zone. The announcement was made during the close of the Scottish International Week, SIW, a joint venture between the Institute of Directors in ...

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‘UAE committed to support IFRC efforts’

NEW YORK / WAM­­­­­ Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, met several senior officials in New York as part of the UAE delegation to the 73rd session of the United Nations General Assembly. During her meeting with Elhadj As Sy, Secretary General of International Federation of Red Cross and Red Crescent Societies (IFRC), Al Hashemy ...

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