Bloomberg Oil eased gains as traders digested conciliatory remarks by British authorities after Iran’s seizure of its oil tanker, amid heightened tensions in the region. Futures in New York added 2.2 percent before trading close to little changed. The UK demanded the immediate release of the Stena Impero, which was taken by Iran’s Revolutionary Guard Corps in the Strait of ...

BEIJING / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Xi Jinping, President of the People’s Republic of China, held formal talks on strengthening bilateral comprehensive strategic partnership as well as a nu-mber of regional and internati- onal issues of mutual interest. At the ...

BEIJING / WAM Ahmed Ali Al Sayegh, Minister of State and Chairman of the Abu Dhabi Global Market, has said that the relations between the UAE and China have registered major accomplishments over 35 years in the areas of trade and investment. In an interview with the Emirates News Agency (WAM), he stressed that the visit of His Highness Sheikh ...

BEIJING / WAM The UAE and China have maintained a deep respect and support of each other for decades, said Ahmed Ali Al Sayegh, Minister of State and Chairman of Abu Dhabi Global Market (ADGM). Al Sayegh’s comments were made following the signing of four strategic agreements with key institutions in China to deepen financial collaborations and economic ties. His ...

DUBAI / WAM The Dubai Financial Services Authority (DFSA) said that it is now a member of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), becoming one of the first regulatory authorities in Middle East and North Africa region to join the NGFS. The NGFS is a group of Central Banks and Supervisors willing, on a ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Monday signed a strategic framework agreement with China National Offshore Oil Corporation (CNOOC) to explore new opportunities for collaboration in both the upstream and downstream sectors as well as in liquefied natural gas (LNG). The exchange of the signed agreement was witnessed by His Highness Sheikh Mohamed bin ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has been named ‘World’s Best Bank for Transformation’ at the Euromoney Awards for Excellence 2019, at the recent ceremony in London. This year’s awards demonstrated growing importance of UAE’s banks to global finance sector. FAB was given the award for best bank transformation after successfully merging, integrating, and enhancing its services ...

DUBAI / WAM The Government of the UAE has launched the new domain name of its official portal to become the first government domain in the world composed of a single letter (U), to facilitate the public access to information, services, projects, strategies and laws in the UAE. The new domain name, developed in cooperation between The Prime Minister’s Office ...

ABU DHABI / WAM Following its appointment by the Government of Abu Dhabi to deliver AED5 billion worth of landmark projects in the Emirate, Aldar Properties PJSC, Aldar, announced on Monday further details on the expected commercial and socio-economic impacts of those projects. The three projects reaffirm Aldar’s status as the partner of choice for the Abu Dhabi Government. The ...

Bloomberg Technology shares led gains among US stocks following a mixed session in Europe and Asia as investors looked ahead to a busy week of corporate earnings. Oil gained amid tensions in the Persian Gulf. Apple rallied after Morgan Stanley boosted its price target, while Micron Technology was lifted to buy from neutral by Goldman, as were Lam Research and ...