Murban provides the energy that contributes towards the UAE’s economy, create jobs, and drive socio-economic development. Reuters
The Abu Dhabi National Oil Company (Adnoc) and Intercontinental Exchange (ICE) on Monday, officially celebrated the start of trading of the United Arab Emirate’s (UAE) flagship crude oil, Murban,
Brent crude fell 35 cents, or 0.8%, to $43.44 a barrel while West Texas Intermediate (WTI) crude was down 49 cents, or 1.2%, to $40.47 per barrel.
Saudi Arabia’s energy ministry has directed oil producer Saudi Aramco to raise its output capacity to 13 million from 12 million barrels per day (bpd), CEO Amin Nasser said
Brent crude was down 26 cents or 0.6% at $45.17 a barrel by 0647 GMT, after a gain of around 2% in the previous session. West Texas Intermediate oil also lost 0.6%, a 25 cent decline to $42.42 a barrel which followed a climb of 2.6% on Wednesday.
From 6 am, buyers and investors of various nationalities competed at the Nakheel Properties sales center, located at the entrance to Palm Jumeirah, to win opportunities to own a luxury villa or a plot of empty land within the newest waterfront urban development areas in Dubai.
The GCC food market is expected to cross $1 billion by the end of 2023 with a growth rate of 6 per cent. The total value of global food market is set to reach $7 trillion by the end of the current year, this was revealed during the first day of Future Food Forum 2023 in Dubai on Wednesday.
Dubai International Financial Centre (DIFC), in collaboration with Refinitiv, a London Stock Exchange Group business and one of the world’s largest providers of financial markets data and infrastructure, on Wednesday published a report titled “Drivers of Innovation in Financial Services”, revealing a five-year
Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International Finance (IIF) said on Tuesday. The financial services trade group said in a report that global debt in