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Oil extends gain after rally to $70 with Delta angst easing

Bloomberg Oil prices gained for a second session, building on the biggest one-day gain in five months, amid glimmers of optimism among bulls that the Delta coronavirus variant’s hit to demand may be passing. Brent futures topped $70 a barrel, after falling below that level last week, when the market underwent its longest sell-off in years on concern about demand ...

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UAE condemns Houthi attempt to target Khamis Mushait

ABU DHABI / WAM The UAE has strongly condemned the Iran-backed Houthi terrorist militias’ systematic attempts to attack civilians and civil objects in Khamis Mushait, Saudi Arabia with an explosive drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Tuesday, the UAE reiterated that these recurrent terror ...

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Dubai, Seoul discuss future of autonomous transport

DUBAI / WAM Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) received Hon. CHO, Eung Cheon, Vice-Chairman of Land Infrastructure and Transport Committee, Hon Lee Hun Seung, Vice-Chairman of Land Infrastructure and Transport Committee of the Republic of Korea. The visiting Korean officials were accompanied by Moon, Byung-Jun, Consul ...

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