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US stocks close lower as trade fears mount with China

Media In New York\ 7-05-2019 US stocks tumbled today, as trade tensions between the United States and China surged, raising concerns linked to global growth and driving investors away from high-risk assets. The Dow Jones industrial average <.DJI> was down 472.17 points, or 1.79 percent, at 25,966.31. The benchmark S …

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OPEC daily basket price announced for Tuesday

Media IN/Abu-Dhabi/ 8th May, 2019-WAM The price of OPEC basket of fourteen crudes stood at US$70.45 a barrel on Tuesday, 7th May, compared with US$70.23 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, includes a mix of blends and light and heavy …

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Dubai DED issues 2,805 new licenses in April 2019

Media IN/Abu-Dhabi/08-05-2019 Dubai:  The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, issued 2,805 new licenses during April 2019, a growth of 60% compared to April 2018 (1,753). The new licenses created 8,375 jobs in the labour market. Among the new licenses issued, 49% …

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Dnata and Lufthansa Group continue to build partnership in US

Media IN/Abu-d=Dhabi/ 8th May, 2019 (WAM) The Dubai-based aviation service provider will provide ramp, secure clean and passenger handling services to Lufthansa at Austin-Bergstrom International Airport and now serves the airline group, including Swiss International Air Lines, Austrian Airlines and Edelweiss Air, at eight airports in the country Expanding their …

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