Bloomberg Crude tumbled below $52 a barrel as disappointing corporate earnings forecasts in the US stoked concern about the global economy, weighing down a market already anxious about America’s oil boom. Futures in New York dropped as much as 3.5 percent, joining the slide in equities after chip-marker Nvidia Corp and heavy-equipment company Caterpillar Inc warned of slowing global growth. ...

Emirates Business Etisalat business and home subscribers will experience double broadband speed enabling them to implement and use advanced digital technologies in their homes and offices. The new speed upgrade is in line with Etisalat’s overall strategy of ‘driving the digital future to empower societies’ by actively initiating and implementing initiatives that will enable a digital economy and contribute towards ...

Dubai / WAM The Dubai Chamber of Commerce and Industry hosted a high-level delegation from Hamburg at its HQ where two sides agreed to explore pros-pects for cooperation in stra-tegic areas, including smart city solutions, autonomous transport and blockchain. Hamad Buamim, President and CEO of Dubai Chamber, stressed strong economic ties and synergies shared by Dubai and Hamburg as regional ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the UAE’s ability to offer a conducive environment for investments from across the world combined with its strategic geographic location and easy access to emerging markets has cemented its position as a destination of choice for ...

Abu Dhabi / WAM Clergy of the Coptic Orthodox Church in the United Arab Emirates say they feel at home in a country that is characterised by religious tolerance, human fraternity and co-existence, compared with the violence and conflict seen elsewhere in the current global climate. The Egypt-based Coptic Church has eight churches in the UAE, in Abu Dhabi, Dubai, ...

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Health Authority, on Monday officially inaugurated the Arab Health Exhibition and Congress 2019, followed by a tour of the exhibitions. More than 84,500 healthcare and trade professionals from 160 countries and 4,150 exhibiting companies from 66 countries are ...

RAS AL KHAIMAH / WAM In line with its new Destination Strategy 2019-2021 and long-term objectives of strengthening the emirate’s presence in key international markets, Ras Al Khaimah Tourism Development Authority (RAKTDA) on Monday announced the opening of its first international representative office in Prague, Czech Republic, to manage and oversee the Tourism Authority’s activities in the Central and Eastern ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE), will be showcasing a range of career opportunities at one of the UAE’s leading career fairs, Tawdheef, which will conclude on January 30, at the Abu Dhabi National Exhibition Centre (Adnec). CBUAE has an ambitious programme designed to attract and retain top Emirati talent which has allowed the organisation ...

ABU DHABI / WAM Etihad Aviation Group is participating in the Global Investment in Aviation Summit (GIAS) held over three days in Dubai. The summit is an opportunity for aviation leaders and experts from around the world to gather and explore investment opportunities, hear from subject matter experts and showcase the latest technology trends within the sector. Etihad is represented ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, praised the achievements of the “Dubai Aviation City Project” in Southern Dubai, which covers a plot of land with an area of 145-square kilometres next to the site of the Expo 202 Dubai. During his tour of ...