Bloomberg China’s stocks burst out of a tight trading range this week, and that may just be the start given the bullish signs for the market that have been forming under the hood. The country’s equity benchmark closed little changed with materials and financial shares being the best performers. The move came after the CSI 300 Index jumped 3.2%, the ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Tuesday announced the award of a $744 million (AED2.73 billion) contract for the full field development of the Belbazem Offshore Block, underscoring its drive to unlock and maximise value from all of Abu Dhabi’s fields as it expands its oil production capacity to 5 million barrels per day ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Emiri Decree No. (7) of 2021 amending Emiri Decree No. (20) of 2019 regarding restructuring of the Sharjah Urban Planning Council (SUPC). The new Emiri Decree stipulates that the new SUPC Board of Directors will be chaired by HH Sheikh Sultan ...