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    UAE’s non-oil trade value amounts to Dhs786 billion

    UAE’s non-oil trade value amounts to Dhs786 billion

    02 Apr 2020

    The total value of the UAE’s non-oil trade in the first half of 2019 increased to Dhs786 billion, a 3.3 per cent growth compared to Dhs760.5 billion in the first...

    Stocks drift and still headed to worst quarter since the year ’08

    Stocks drift and still headed to worst quarter since the year ’08

    31 Mar 2020

    Stocks are drifting in subdued trading on Tuesday morning, a rare calm day in what is likely to be Wall Street’s worst quarter of performance since the 2008 financial crisis....

    Oil plunges to 2002 lows, shares sink again

    Oil plunges to 2002 lows, shares sink again

    30 Mar 2020

    Oil took another stomach-churning 8% dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright...

    Global stock markets, oil rally on US Fed boost

    Global stock markets, oil rally on US Fed boost

    24 Mar 2020

    World stock markets rallied strongly on Tuesday after the US Federal Reserve launched an unprecedented bond-buying plan, the latest salvo in a global counter-attack against fallout from the coronavirus outbreak....

    Royal Dutch Shell cuts spending by $5 billion, suspends share buyback

    Royal Dutch Shell cuts spending by $5 billion, suspends share buyback

    23 Mar 2020

    Royal Dutch Shell will lower spending by $5 billion and suspended its vast $25 billion share buyback plan in an effort to weather the recent collape in oil prices, it...

    Comfortable with $30 a barrel, says Saudi Aramco

    Comfortable with $30 a barrel, says Saudi Aramco

    17 Mar 2020

    Saudi Aramco’s CFO Khalid al-Dabbagh said on Monday the company was “very comfortable” with $30 a barrel oil prices and that it can meet its dividends commitments and shareholders expectations...

    Global stock markets bounce back on US stimulus hopes

    Global stock markets bounce back on US stimulus hopes

    13 Mar 2020

    European and US stocks and oil prices recovered on Friday on US stimulus hopes, after Asian equities experienced wild swings, with traders closing out a week of carnage for world...

    DP World registers 36.1 per cent increase in 2019 full-year results

    DP World registers 36.1 per cent increase in 2019 full-year results

    12 Mar 2020

    DP World announced its robust financial results for the year ended 31st December, 2019, stating that its revenue grew 36.1 per cent and adjusted EBITDA increased 17.7 per cent, with...

    Oil, stocks recover on stimulus hopes, Russia signals Opec talks

    Oil, stocks recover on stimulus hopes, Russia signals Opec talks

    10 Mar 2020

    Oil prices jumped by around 8% on Tuesday a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that...

    BPCL seeks bidders with $10 billion networth

    BPCL seeks bidders with $10 billion networth

    07 Mar 2020

    The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10...

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