China, Brazil and the UAE were the only three emerging economies that ranked on the index
Brent futures for August settlement gained 3 cents to $42.22 a barrel on the ICE Futures Europe exchange as of 12.03pm in Singapore
The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day
While oil has rebounded rapidly since April as OPEC+ production cuts kicked in and US output fell, the rally fizzled last week
Futures in New York fell below $35 a barrel after losing 8.3 per cent last week
The bank stated that 101,731,408 of its shares were purchased by 254 unique investors on May 28
The UAE’s non-oil trade in 2019 grew 4.4 per cent from Dhs1.536 trillion in 2018
Futures dropped 1.9 per cent in New York, erasing almost all of the gains from the previous session
Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel
While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain
Oil has surged about 75 per cent this month as pockets of demand return
There’s still a risk, however, that oil’s recovery could be derailed if the pandemic worsens
Bullion has surged 16 per cent this year as the spread of the virus curbed economic growth
The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer
Waha Capital posted a loss of Dhs616m for 2019
The figure marks the highest volume in a year
Trump Park Avenue sued Prince Faisal bin Abdul Majeed al-Saud last year, claiming he leased an apartment in 2013 but stopped paying rent in early 2017
The American tycoon previously called for a complete ban on Muslims entering the US
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
The bank had agreed to close some customers’ UAE accounts in an anti-money laundering settlement with US regulators announced on Tuesday
Doha carrier looks to attract two-way traffic with new Oneworld member US Airways as it launches fifth US destination