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Mohamed, Congolese president review regional developments

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of the Democratic Republic of the Congo, Felix Tshisekedi, reviewed the prospects of growing economic, trade and investment cooperation between the two friendly nations. This came in a phone call His Highness ...

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Oil slips after hitting $70 with bumper rally starting to cool

Bloomberg Oil slipped after touching $70 a barrel in New York for the first time since October 2018 as a rally driven by signs of a tightening market eased. Futures jumped 5% last week but were unable to rise beyond $70 on Monday. Europe’s cities are as congested as they were in 2019, and the number of passengers passing through ...

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Saudi Aramco hires banks for debut dollar sukuk sale

Bloomberg Saudi Aramco, the world’s biggest energy company, hired advisers including Citigroup Inc and Goldman Sachs Group Inc for its first dollar-denominated Islamic bond sale. The state-controlled company may offer three tranches of notes due in three, five and 10 years, according to a person familiar with the matter. The firm is raising cash to help fund its commitment to ...

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