Bloomberg Oil posted its biggest weekly gain since the middle of April ahead of the US Memorial Day weekend that kicks off country’s summer driving season. West Texas Intermediate rises 4.3% this week. A spate of positive US economic data this week continued to highlight the recovery taking shape in the world’s largest oil-consuming country, while Americans are expected to ...

Dubai / WAM Ongoing field inspections by Dubai Economy across open markets and commercial establishments saw 26 fines being issued for violation of precautionary guidelines against Covid-19. The violations, detected in outlets spread across markets and malls, were mostly related to face masks or physical distancing. Increased visitors numbers across malls during the recent 3-day super sale had seen a ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), confirmed that Cabinet Decision No. 49 of 2021 on amending some provisions of the Administrative Penalties for Violation of Tax Laws in the UAE, is designed to support tax registrants and help them fulfill their tax obligations, thereby enhancing the state’s competitiveness in the field of conducting business. In a press ...

Abu Dhabi / WAM Abu Dhabi Emergency, Crisis and Disasters Committee, in collaboration with Department of Health – Abu Dhabi and the Abu Dhabi Public Health Centre, has issued a reminder about home quarantine guidelines for those in contact with a positive case, to protect the health and safety of all community members. Vaccinated individuals are required to spend five ...

Abu Dhabi / WAM Youssef Saeed Al Abri, Undersecretary of the Abu Dhabi Judicial Department (ADJD), launched the second phase of the “Deposit Digital Disbursement” project, enabling an integrated automatic and electronic disbursement of deposits by making the relevant service available via the ADJD’s website, after obtaining the necessary approvals from the court or the competent prosecution office, then transferring ...

Dubai / WAM Ongoing field inspections by Dubai Economy across open markets and commercial establishments saw 26 fines being issued for violation of precautionary guidelines against Covid-19. The violations, detected in outlets spread across markets and malls, were mostly related to face masks or physical distancing. Increased visitors numbers across malls during the recent 3-day super sale had seen a ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 204,487 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 UAE signed a bilateral agreement with the Republic of Uzbekistan to further implement UAE projects aimed at contributing to advancing the development process in Uzbekistan – by strengthening the vital role of the Khalifa Bin Zayed Al Nahyan Foundation. Younis Haji Al Khoori, Undersecretary of Ministry of Finance, and Shukhrat Vafaev, Deputy Minister, Ministry of ...

AJMAN / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, announced on Saturday that the Sheikh Zayed Housing Programme (SZHP) completed Phases 1 and 2 of the Mohamed bin Zayed City 1 residential project in Ajman, which include construction of 497 houses. Al Mazrouei said the beneficiaries who met all the requirements will be handed over their ...

May was meant to be French President Emmanuel Macron’s Africa month, a chance to show off France’s influence on the continent — and not just among its former colonies. But Mali’s second coup in less than a year is an embarrassing reminder of the limitations of French leverage and of the president’s personal clout in the region. Authoritarian rulers of ...