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UAE backs any steps to stabilise oil market

ABU DHABI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy of the UAE, on Tuesday urged OPEC members and non-OPEC producers to hold their production at January levels to stabilise global oil markets. “All producers must willy-nilly freeze their production,” he said, stressing that the current talk about a significant short-term increase in production is neither ...

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Abu Dhabi DED confiscates 10,231 fake beauty, skincare products

Abu Dhabi / WAM Abu Dhabi Department of Economic Development (DED) has seized 10,231 counterfeit beauty and skincare products in an inspection campaign launched by its Commercial Protection Directorate (CPD) in Mussaffah, Abu Dhabi. The CPD also issued 12 fines against vehicle owners who transported products without a license in Zayed City Centre in Abu Dhabi and the Industrial Zone ...

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Art Dubai fetches US$35 million in seven days

Dubai / WAM Ahead of the 10th edition of Art Dubai and the fifth edition of Design Days Dubai this March, the fairs’ parent company, Art Dubai Fair FZ LLC (The Art Dubai Group), has released the results of an independent survey for Art Week 2015 (March 18-25, 2015). The results of the independent study show the significant economic impact ...

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