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Day: September 5, 2024

Oil Prices Rise 1% As OPEC+ Delays Output Increase

Oil prices rose nearly 1% on Thursday, amid a larger-than-expected drawdown in US inventories and OPEC+ delaying an output increase.

Brent crude futures rose 89 cents, or 1.2%, to $73.59 a barrel, while US West Texas Intermediate (WTI) crude futures …

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Arab economic body convenes in Cairo

The 114th session of the Economic and Social Council of the Arab League at the level of ministers kick-started at the bloc’s headquarters in Cairo on Thursday, with the State of Kuwait participating.

The agenda embraces a host of key Arab economic a…

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Dubai Chambers, China’s CCPIT Tianjin sign MoU

DUBAI: Dubai Chambers has signed a Memorandum of Understanding (MoU) with the China Council for the Promotion of International Trade Tianjin Sub-council (CCPIT Tianjin). The agreement aims to support the expansion of Chinese investors into Dubai and a…

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