The two leaders exchanged views on prospects of fulfilling the ambitions of their leadership and peoples.

US crude oil jumped $5.61 per barrel to $60.46 per barrel.

Abu Dhabi: Oil prices will see an increase in prices when oil markets open on Monday, following drone attacks on Saudi oil facilities in Abqaiq and Khurais, which cut oil production in the kingdom by 5.7 million barrels per day (bpd), said analysts. Confirming the disruptions in its operations, Saudi Aramco said an update on […]

Dubai: The first of six pieces/slides that will eventually form the “link” between Dubai’s next two super-towers – the One Za’abeel — is ready on site. Now, the plan is to have all six “slides” ready by March next, at which time they will be lifted 100 metres and slotted to connect the two buildings. […]

DUBAI. Ahmed Mahboob Musabih, Director-General of Dubai Customs, and a South African delegation headed by the Consul-General, Mogobo David Magabe, have discussed means to further develop cooperation relations between the two sides. Musabih briefed the South African delegation about customs facilities and services delivered by Dubai Customs to investors and businesses. He also talked about […]

DETROIT. Leaders of the United Auto Workers union have extended contracts with Ford and Fiat Chrysler indefinitely, but the pact with General Motors is still set to expire Saturday night. The move, plus a widening corruption investigation of union leadership, puts added pressure on bargainers for both sides as they approach the contract deadline and […]

London: The US briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. Surging output from shale helped America ship almost 9 million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said […]

Sheikh Mohamed expressed his heartfelt condolences to the families of the martyrs.

New bosses have taken charge; officials have brainstormed strategies and committees have been formed to boost performance.

New York: The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion (Dh3.67 billion) to themselves, New York’s attorney general contends in court papers filed Friday. New York – asking a judge to enforce subpoenas of companies, banks and advisers to Purdue and its owners, the Sackler […]