Bloomberg Oil has rocketed to a fresh seven-year high near $93 a barrel, and almost every indicator is pointing to the rally extending. The market’s structure is trading at its strongest level in years, indicating scarce supply. Diesel — the fuel that helps power the global economy — is also surging as a cold snap hits the US and ...

  Abu Dhabi / WAM Ghitha Holding (formerly Zee Stores), a regional foodstuff trading and distribution company and a subsidiary of International Holding Company (IHC), on Friday announced its fourth quarter and annual financial results with a net profit of AED59.7 million in 2021. The company’s financial statements indicated a healthy cash flow, with a strong cash position attributed to ...

  Dubai / WAM Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, ended 2021 on a high note by recording several outstanding achievements across its different divisions, which includes attracting new clients and companies, the selling out of projects, signing top-level partnerships and launching unique projects. Master developer Dubai South Properties handed over almost ...