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Bloomberg Oil climbed to the highest in nearly two months amid optimism that the US and China are close to locking down a partial trade deal. Futures jumped 1.7% in New York, pushing a weekly advance to 0.8% after White House economic adviser said negotiations between two countries were coming down to final stages. That outweighed US government data which ...

ABU DHABI / WAM Dubai Airshow 2019 will kick off at its purpose-built venue at Dubai World Central (DWC) on Sunday. The 2019 show, which will be held until November 21 will build on the overwhelming success of the last event, where more than 160 official delegations and 1,300 governmental and private companies from the Americas, Europe, Asia, and Africa ...

Abu Dhabi / WAM Prospects for further strengthening the long-standing relations between the UAE and Kingdom of Bahrain were reviewed by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Sheikh Khalid bin Ahmed bin Mohamed Al Khalifa, the Foreign Minister of Bahrain. This came as ...

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, received here on Saturday Subrahmanyam Jaishankar, Indian Minister of External Affairs, and discussed ways of furthering the strategic and friendship relations between the two countries. The meeting, which was attended by His Highness Sheikh ...

Dubai / WAM Growing momentum behind regional integration, economic reforms, technological advances and infrastructure development are among the key factors fuelling business growth in sub-Sahara Africa, according to a new whitepaper released by Dubai Chamber of Commerce and Industry in cooperation with the Economist Intelligence Unit (EIU). The report, entitled Promise and Perils: Scaling up businesses in sub-Sahara Africa, was ...

ABU DHABI / WAM As part of their ongoing commitment to enable the UAE’s defense and security industry, Tawazun Economic Council, (Tawazun), announced plans to establish four new regional centers, bringing to nine the total number of projects announced under the new policy for Tawazun Economic Programmne during Idex 2019. Matar Ali Al Romaithi, Chief Economic Development Officer at Tawazun ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), issued a paper titled ‘Crypto Assets: Moving from theory to practice’. The paper was prepared in cooperation with global Central Securities Depositories, asset managers and custodians, and under the patronage of the International Securities Service Association, ISSA, in which ADX is an active member, said a press release issued by ADX ...

Ajman / Emirates Business Ajman Free Zone (AFZ) has confirmed the effectiveness of the new insurance umbrella launched several months ago in cooperation with Dubai Insurance to protect workers’ rights and reduce the burden on investors of the free zone, as well as contribute to the government’s efforts to protect the rights of this category. Ajman Free Zone pointed out that ...

DUBAI / Emirates Business Emirates will operate a historic one-off A380 flight on November 29 in an unprecedented effort to bring together and celebrate the vibrant multicultural communities of the UAE onto one flight. The airline will attempt to welcome as many nationalities as possible onto flight EK2019, for a special flight journey around the UAE. The A380 commissioned for ...

ABU DHABI / WAM The number of hotel guests staying in Abu Dhabi emirate during the third quarter of 2019 exceeded 1.3 million, an increase of 1.7 percent compared to the same period in 2018, according to the figures released by the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi. In the year-to-date in 2019 there have ...