Bloomberg Oil rose as investors weighed whether output cuts being discussed by the world’s top producers will be enough to offset the demand destruction wrought by the coronavirus. Futures in New York climbed around 3% towards $25 a barrel. Saudi Arabia and Russia are hammering out an agreement that a delegate said will reduce global output by about 10 million ...

Bloomberg India, the world’s third biggest oil consumer, is set to snap up millions of barrels of Middle East crude for its strategic reserves, signalling its support for global efforts to rescue the energy market. The purchases are aimed at taking advantage of low prices, according to officials with knowledge of the matter. But two of them said they’re also ...

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) announced the successful completion of all the required preparations at its district cooling plants across Dubai, to cater to the increasing demand during the summer, with the most sustainable and reliable technologies in district cooling operations and maintenance. The company cited a forecast by the National Centre of Meteorology, which says ...

DUBAI / WAM The Dubai Judicial Institute (DJI) announced that all amendments to the distribution of the budget will be made within the relevant prepared plans, as part of its keenness to fully comply with the precautionary measures approved by the relevant government agencies in the country. The institute performed complete maintenance of all its administrative and educational facilities, including ...

DUBAI / WAM Dubai-based airline, flydubai, has allocated six Next-Generation Boeing 737-800 aircraft to operate as all-cargo flights to enable the movement of essential goods across its network and beyond. This follows the temporarily suspension of passenger operations as part of the precautionary measures announced by the National Emergency Crisis and Disasters Management Authority (NCEMA); and the General Civil Aviation ...

ABU DHABI / WAM The Department of Health – Abu Dhabi (DOH), the regulator of the healthcare sector in the emirate, has launched new features for its website for Covid-19 to comprehensively showcase the real-time Covid-19 outbreak for the public. Developed in collaboration with the UAE-based applied artificial intelligence company, Saal, the platform saw over 1 million sessions since its ...

Dubai / Emirates Business Dubai Future Foundation (DFF) launched the third in a series of reports that outline the best ways to tackle diverse challenges that organisations in the Arab world and globally will face once the Covid-19 pandemic finally abates. The series comes at a crucial time when public and private sector organizations are seeking to prepare for future ...

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, and President of Uzbekistan Shavkat Mirziyoyev reviewed bilateral relations and ways to enhance them in various fields in the light of the existing strategic partnership between the two countries as well as a number ...

AJMAN / WAM Dar Alber Society Ajman branch provided AED9,500,614, in financial assistance in 2019, which benefitted around 1,933 individuals, families. The distribution went to 902 destitute families for house rent payment, for paying school and university fees of 541 underprivileged students, for treatment costs of 136 patients, and for the payment of electricity bills of 42 families with limited ...

ABU DHABI / WAM A United Arab Emirates aid plane carrying approximately 13 tonnes of medical supplies was dispatched to Kazakhstan to assist the country in combating the Covid-19 pandemic, benefitting over 10,000 healthcare professionals. This initiative is part of the UAE’s commitment to cooperating with countries working to combat the Covid-19 outbreak in order to bolster global efforts to ...