Gold’s upside remains capped as first round of talks between the US and Russia over potential peace deal in Ukraine
A major milestone of the visit was the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Ukraine
The Dubai aircraft leasing firm had valued its claim for 22 aircraft, one engine and one piece of equipment at $737.8m
The summit is due to kick off on June 13 with a discussion about Africa, climate change, and development
The trade deal aims to aid Ukraine’s recovery and rebuilding of key industries while helping to strengthen supply chains to the MENA region for exports such as grains, machinery and metals
The kingdom is increasingly trying to position itself as a diplomatic powerhouse and has said it wants to mediate between Ukraine and Russia
The aid shipment will arrive in Poland and Romania by sea before being transported into Ukraine
The UAE’s Minister of Climate Change and Environment is leading a diplomatic delegation on an official visit to Ukraine
Ukraine presented its economic transformation strategy and invited UAE funds to participate in the development of its wealth fund
In 2021, non-oil trade between the UAE and Ukraine reached $904.4m, increasing 28.4 per cent over the previous year
UAE President Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Ukraine’s premier Volodymyr Zelenskyy, earlier this week
The two leaders reviewed a number of regional and international issues, and developments of common concern
West Texas Intermediate futures fell for a third session to its lowest level in three months
Crude has rallied about 60 per cent this year as an economic rebound coincided with upended trade flows
Global benchmark Brent topped $122 a barrel, hitting a two-month high
China was the top destination of Qatar’s exports in April with close to QR6.6bn riyals
Oil has rallied by more than 50 per cent this year in extremely volatile trading
Oil is up around 40 per cent this year following a strong economic rebound from the pandemic
Saudi Arabia sends more than 60 per cent of its crude exports to Asia
The aircraft was deployed to Moldova
The 44-year-old Macron becomes the first incumbent to win a second term since Jacques Chirac two decades ago
They need to approach Tasheel service centres in the country to avail of the permit
Egypt’s central bank held a special policy meeting in March and hiked interest rates for the first time since 2017
US crude output will grow at a slower pace than previously expected
West Texas Intermediate futures slid 5 per cent to trade near $102 a barrel, trimming a monthly advance
Brent futures briefly surged to a 13-year peak near $139 a barrel earlier this month
The visas will be extended without any fees charged and will be done so automatically
The aid delivered by the two flights will be able to benefit around 85,000 people
The US Federal Reserve raised interest rates by a quarter percentage point
Oil has surged above $100 a barrel for the first time since 2014