Picture used for illustrative purposes only.
Oil prices surged on Monday after Saudi Arabia and other Opec+ producers announced a surprise cut in their output target, a move that rippled through stock markets,
Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.
Brent crude futures climbed 2 cents, or 0.1%, to $43.43 a barrel at 0423 GMT while U.S. West Texas Intermediate (WTI) crude futures fell 7 cents, or 0.2%, to $41.53 a barrel. Both benchmarks rose as much as 0.5% earlier in the session.
The dollar was marginally higher in narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and China and rising coronavirus cases put a dent in risk appetite.
Takahiko Shingai, Deputy General Manager and Director of Development Department at ADOC, said: ’’We are planning to expand our production facilities and increasing extraction rates."
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has launched ‘Business in Dubai,’
The UAE’s leading luxury real estate developer Damac Properties hosted an exclusive media tour to showcase its ambitious Damac Lagoons development,