Bloomberg Oil falls this week as prospects for a global economic slowdown weighed heavily on the demand outlook. West Texas Intermediate futures dropped 6.7% for the week amid tightening monetary policy and renewed anti-virus lockdowns in China. Meanwhile, traders shrugged off an announcement by G-7 leaders of plans to cap the price of Russian crude in retaliation for Vladimir ...

  ABU DHABI / WAM The UAE Ministry of Education approved the code of conduct for education professionals in general education to enhance the profession and establish clear and public ethical standards, rules, and principles of conduct for the educational process. The code of conduct aligns with the vision and mission of the Ministry of Education, to build an institutional ...

  Dubai / WAM Gulf Navigation Holding PJSC (GULFNAV), the Dubai Financial Market listed maritime and shipping company, announced successfully completing the full repayment of a loan for one of its vessels. The $2.7 million loan was financed by “Rasmala” with an interest rate of 12%. Thus, after the mortgage has been released, the full proceeds of this vessel will ...