Bloomberg Oil edged higher after a tumultuous session where traders weighed concerns about tight global supply with Germany announcing a ban on Russian oil and a sharp drop in US crude inventories. West Texas Intermediate settled above $102 on Wednesday after swinging between gains and losses. German Foreign Minister Annalena Baerbock said that the country plans to stop importing oil ...

  DUBAI / WAM The Federal Authority for Government Human Resources on Thursday announced that the Eid al-Fitr holiday for the federal entities in the UAE will begin on Ramadan 29 (corresponding to April 30) until Shawwal 3, 1443 Hijri, which is yet to be declared. The authority also offered greetings to the people of the UAE and Arab and ...

  Abu Dhabi / WAM The central bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features. The new banknotes are the third issue of the national currency, and reflect the CBUAE’s aim to keep pace with the nation’s development and vision ...