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Oil claws back from six-month lows to lessen weekly decline

Bloomberg Oil mustered a late comeback after dropping to six-month lows this week as a softer dollar bolstered trader demand across assets. West Texas Intermediate settled above $86 a barrel, finishing a tumultuous week nearly flat with the prior seven days. At the start of the week both benchmarks, WTI and Brent, slipped to lows not seen since the start ...

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UAE Cabinet reviews growth, development indicators

  ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi. His Highness Sheikh Mohammed bin Rashid Al Maktoum said: “I chaired the Cabinet meeting at Qasr Al Watan in Abu Dhabi. We reviewed the ...

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Dewa aims AED 3.1 billion cash dividends for H1 2022

  DUBAI / WAM Dubai Electricity and Water Authority PJSC (DEWA or the Company), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), has announced that the Company’s first general assembly meeting will be held physically and virtually on Monday, 10 October 2022. The Assembly will vote on the recommendation ...

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