Bloomberg Oil squeezed out a gain for the second straight week but uncertainty around the US-China trade deal and fears of a resurgent pandemic limited the price rally. Crude futures in New York fell 0.5%, but rise 1.9% for the week. The US and China postponed talks planned for over the weekend that had been aimed at reviewing progress at ...

Dubai / WAM The Dubai Land Department (DLD) through its Real Estate Regulatory Agency (RERA) introduced a new development in the complaint mechanism in the management of jointly owned properties (JOP) by which it aspires to provide more comfortable solutions for its customers, thus contributing to encouraging investment in the emirate’s growing real estate sector. Under the new development, the ...

Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, will virtually address the fourth annual edition of the Sharjah International Award for Refugee Advocacy and Support (SIARA 2020) at 13:00 UAE Time, on August 19. This will be followed by the awarding of AED500,000 to the winner of this edition, ...

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (Measa) region signed a Memorandum of Understanding (MoU) with Etisalat, the leading emerging markets telecommunications provider. The agreement was signed between Arif Amiri, Chief Executive Officer of DIFC Authority and Salvador Anglada, Group Chief Business Officer of Etisalat. ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory message to Indian President Ram Nath Kovind on the occasion of his country’s Independence Day, which is celebrated on August 15. His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, and His ...

Abu Dhabi / Emirates Business Watania’s net profit jumps to AED16.6 million during the first six months of 2020 from AED7 million as compared to the same period last year – a growth of 136%, declared Dr Ali Saeed Bin Harmal Al Dhaheri, Chairman of the Board of National Takaful Company. The lockdown imposed on account of the pandemic saw ...

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Saturday announced the agenda for its upcoming Dubai Technology Entrepreneur Campus (Dtec) Forum. Scheduled to take place virtually on Tuesday, August 18, 2020, the event will explore future opportunities for forward thinking technology start-ups in the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Covid-19 Command and Control Centre located at the Mohammed bin Rashid University of Medicine and Health Sciences on Saturday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed ...

Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced that construction of the two model public bus stations at Oud Metha and Al Satwa had reached 77 per cent. He revealed that all construction works in both stations would be accomplished by the end of this ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday said it carried out 77,640 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 283 new cases of various nationalities, who are all in a stable condition and ...