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Oil sinks as hawkish Fed talk boosts supply-driven bear case

  Bloomberg Oil capped its longest string of daily losses this year as hawkish signals from Federal Reserve officials added to concerns about a glut of crude piling up in storage. A significant increase in US inventories and a broader risk-off sentiment sparked by the prospect of continued rate hikes from the Fed have weighed on oil this week. The ...

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International Defence Conference 2023 kicks off in Abu Dhabi

  Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the International Defence Conference (IDC 2023), got underway on Sunday at Adnoc Business Centre one day ahead of the International Defence Exhibition and Conference (Idex), and the Naval Defence & Maritime Security Exhibition (Navdex). The one-day International Defence Conference is organised by ...

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G42 is strategic partner for IDC at Idex, Navdex

  Abu Dhabi / WAM G42, the leading UAE-based artificial intelligence and cloud computing technology holding company, and its subsidiaries Bayanat, Presight.AI and G42 Cloud, have announced their participation as Strategic Partner at the International Defence Conference (IDC), which is organised by Adnec group in cooperation with Tawazun Council and the UAE Ministry of Defence. The event, held on February ...

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