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Oil gains as investors weigh tight supply, demand risks

  Bloomberg Oil rises as investors weighed a tight supply outlook and the potential responses from consumers and policy makers alike. West Texas Intermediate gained for a second session, trading above $122 a barrel. President Biden will travel to Saudi Arabia next month and will discuss energy production, according to US National Security Counsel Coordinator John Kirby. The meeting will ...

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Adex signs financing deal with Capital Bank of Jordan

  Abu Dhabi / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has announced the signing of a financing agreement with Capital Bank of Jordan, whereby a credit line of approximately AED73.4 million ($20 million) will be opened to support collaborative efforts to enhance UAE’s exports to the region and boost economies ...

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UAE supports multilateral trade to help WTO deliver positive change

  Geneva / WAM The UAE delegation has concluded its participation in the 12th Ministers Conference (MC12) of the World Trade Organisation (WTO) in Geneva, Switzerland, the four-day gathering of trade and economy ministers from around the world – and its first in-person meeting since the start of the global pandemic. The UAE delegation, led by Abdullah bin Touq Al ...

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