Traders work on the floor of the New York Stock Exchange on Thursday. Associated Press
Oil gained for a fifth day on Wednesday, climbing towards $75 a barrel to its highest since April 2019, supported by a recovery in demand from the pandemic and a drop in US crude inventories.
Brent slumped to $22.5 a barrel leaving it down 65% for the year and hammering petro currencies such as Russia's rouble, Mexico's peso and the Indonesian rupiah by as much as 2%.
LONDON: British oil major BP agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years. The deal, which includes interests
Nasdaq Dubai continues to lead in creating an ecosystem that supports sustainable finance. The listing of FIVE Holdings Green Bond enhances Nasdaq Dubai's total value of ESG classified bonds and sukuk listings, reaching $26.7 billion, and contributes to a total value of debt listed on the exchange totalling $118.34 billion.
The FSRA found that Pyypl failed to establish and maintain adequate AML systems and controls to ensure full compliance with its AML obligations in that it failed to:
Sheikh Maktoum made these remarks as he launched the Dubai Family Business Management Programme, a project of the Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers.