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Oil set for weekly rise on China optimism, brighter US outlook

  Bloomberg Oil headed for a weekly gain, rebounding from a weak start to the year, on China’s improving demand outlook and cooling US inflation. West Texas Intermediate was steady near $79 a barrel, after advancing more than 6% this week. The Brent benchmark is poised for its strongest week since October. China is ramping up purchases of crude after ...

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Sheikh Abdullah takes part in ‘Voice of Global South Summit’

Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has participated via teleconferencing in the Voice of Global South Summit, which is being hosted by India as part of its Presidency of the Group of Twenty (G20), and the UAE being invited to participate as a guest country in the upcoming ...

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UAE, Pakistan to boost strategic cooperation

Abu Dhabi / WAM The UAE and the Islamic Republic of Pakistan affirmed their keenness to intensify consultations and coordination in order to strengthen their strategic partnership, with a view to developing tangible and meaningful bilateral cooperation in key areas. This came in a joint statement which the two countries issued on the occasion of the visit of Prime Minister ...

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