Bloomberg Oil in New York barely nudged this week despite whipsawing over several days, as renewed lockdowns in some regions blunted near-term demand outlooks and muted the impact of a standstill at the Suez. West Texas Intermediate futures fall less than 1% to close the week at $60.97, while Brent crude just barely eked out a gain, snapping a streak ...

Bloomberg A quarrel over allegations of human-rights abuses in China worsened as Beijing announced retaliatory sanctions on individuals in US and Canada and corporate fallout spread. Tensions have flared over reports of forced labour being used to harvest cotton in China’s western province of Xinjiang, accusations that Beijing routinely dismisses as politically motivated lies. On Saturday, China’s Foreign Ministry announced ...

WASHINGTON / WAM The United States strongly condemned the attacks against Saudi Arabia that struck an oil facility in Jazan. The actions by the Houthis are a clear provocation meant to perpetuate the conflict, Ned Price, Department Spokesperson said in a press statement. “This is the latest in a series of Houthi attempts to disrupt global energy supplies and threatens ...

Sharjah / WAM Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber, received Avni Arifi, ambassador of Kosovo to the UAE, to discuss means of strengthening the economic, commercial, and investment relations between the UAE and Kosovo. Held in the presence of Raghda Hamad Taryam, Board Member, Mohammed Ahmed Amin Al Awadi, Director-General of the SCCI, and a number of ...

ABU DHABi / WAM In response to growing demand for electric vehicle infrastructure (ION) the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, installed high-power, ultra-fast charging stations with a total capacity of up to 350KW, on Yas Island, Abu Dhabi. Capable of charging electric vehicles (EV) through a connection to a user interface unit, the stations can ...

Abu Dhabi / WAM The Abu Dhabi Judicial Academy (ADJA) has organised a workshop on the “Digital Transformation of Legal Services and Amendments to the Evidence Law in Civil and Commercial Transactions”, through the Academy’s training platform. The workshop was attended by 56 commercial judges from the Court of Cassation, the Judicial Inspection, and the commercial chambers in Abu Dhabi, ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 248,372 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, 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 ...

Sharjah / WAM The Hamriyah Free Zone-based ATS Terminals FZE increased its tank storage capacity from 42,000 CBM to 72,000 CBM, at a total investment of AED 55 million. The state-of-the-art terminal is completely automated with efficient and new-generation tank monitoring and loading systems, tank gauging systems, automated firefighting systems, and 24 /7 security surveillance. ATS Terminals FZE offers services ...

Sharjah / WAM Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber, received Avni Arifi, ambassador of Kosovo to the UAE, to discuss means of strengthening the economic, commercial, and investment relations between the UAE and Kosovo. Held in the presence of Raghda Hamad Taryam, Board Member, Mohammed Ahmed Amin Al Awadi, Director-General of the SCCI, and a number of ...

Abu Dhabi / WAM In response to growing demand for electric vehicle infrastructure (ION) the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, installed high-power, ultra-fast charging stations with a total capacity of up to 350KW, on Yas Island, Abu Dhabi. Capable of charging electric vehicles (EV) through a connection to a user interface unit, the stations can ...