Bloomberg Oil crept higher as industry data pointed to a substantial decline in US crude stockpiles and fuel sales in India showed signs of recovering. Inventories dropped by 8.54 million barrels last week, according to people familiar with the American Petroleum Institute’s data. Oil is also being helped higher by positive demand signals from Asia. Indian gasoline and diesel sales ...

KUWAIT / WAM Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, met Khalifa Musaed Hamada, Kuwaiti Minister of Finance and Minister of State for Economic and Investment Affairs, at his office in Kuwait. Al Neyadi highlighted the UAE’s keenness to boost joint cooperation and strengthen relations between the two brotherly countries, especially in the financial and economic sectors. For ...

Dubai / WAM Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, and Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, signed an agreement to provide Network International’s merchant clients with a pre-approved business loan against their Point of Sale Receivables. The agreement was signed by Amit Malhotra, ...