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Meeting of the Joint Ministerial Committee of OPEC and its partners to monitor the production agreement in Jeddah tomorrow

 18-05-2019 Media IN Jeddah The fourteenth meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of the Petroleum Exporting Countries (OPEC) and the countries outside it (OPEC +) will be held tomorrow in Jeddah to discuss the situation of the world oil markets, follow …

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Jafza to inject AED1.3 billion into Dubai’s economy

Media IN Dubai, 18th May, 2019 WAM Jebel Ali Free Zone, Jafza, the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative that is set to roll out in …

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Stocks Fall for Second week on Trade concerns

Media IN Abu-Dhabi 18-05-2019 U.S.  stocks fell for the first time in four days, with technology shares bearing the burden of the selling in a market flustered by a bombardment of trade -related  headlines. The dollar rose. The S&P 500 declined a second week for the first time this year …

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OPEC Allies Get Back on Track with Oil cuts

Media IN Abu-Dhabi 18-05-2019:   Source OPEC/IEA Organisation of Petroleum Exporting Countries (OPEC) and its partners are once again cutting production as promised in their effort to steady the market. In April both sides of the so called OPEC plus alliance complied with their supply pact for the first 16 …

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