Bloomberg US crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at a time when Opec+ producers are keeping supplies tight. Futures in New York rise 1.3%, popping above the key, psychological level before pulling back. This week brought many indications that supplies will remain constrained: Saudi Aramco said ...

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, on Saturday discussed ways of fostering the friendship and cooperation ties between the UAE and Angola in a phone call with President Joao Lourenco. The two leaders also addressed the prospects of accelerating trade and ...

Bloomberg US Trade Representative Katherine Tai and Chinese Vice Premier Liu He met virtually to discuss trade issues between the US and China. They agreed “that the two sides would consult on certain outstanding issues,” according to a White House account of the meeting. “In addition, Ambassador Tai emphasized US concerns relating to China’s state-led, non-market policies and practices that ...

DUBAI / WAM Hessa Buhumaid, Minister of Community Development, revealed the ministry will apply new procedures to increase the licencing of Non-Benefit Public Associations, NGO’s and Social Solidarity Funds (Takaful). This is being done under the Federal Law No. 35 of 2020 concerning the ratification of some provisions of the associations and double the number of declared associations in the ...

DUBAI / WAM Nassar Habashneh, Ambassador of the Hashemite Kingdom of Jordan to the UAE, has commended the UAE’s efforts in organising and hosting Expo 2020 Dubai, which he described as a source of pride for all Arabs. In a statement at the inauguration of the Jordan pavilion at Expo 2020 Dubai, Habashneh said that the event has amazed the ...

Dubai / Emirates Business Throughout the six-month Expo 2020 Dubai, Emirates is unlocking even more offers for all its UAE citizens and residents. By simply showing their boarding pass, Emirates’ customers can enjoy complimentary access to the Dubai Frame, one of the city’s iconic attractions offering a panoramic view of old and new Dubai. In addition, the Emirates boarding pass ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 308,740 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Saturday, a special six-day paid leave for all its employees across the Adnoc Group to enable them and their families to visit Expo 2020 Dubai, in line with the directives of the Abu Dhabi Government. The leave can be used at any time during Expo 2020, which ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued decree No. 15 for 2021 on the adoption of UAE’s 10 principles for the next 50 years. The decree stipulates that all ministries, federal and local government authorities, and institutions in the country should adhere to these principles and use them as guidelines in all ...

Dubai / WAM Nassar Habashneh, Ambassador of the Hashemite Kingdom of Jordan to the UAE, has commended the UAE’s efforts in organising and hosting Expo 2020 Dubai, which he described as a source of pride for all Arabs. In a statement at the inauguration of the Jordan pavilion at Expo 2020 Dubai, Habashneh said that the event has amazed the ...