Kuwait oil price down $1.55

DUBAI 3 August 2019: The price of Kuwaiti oil went down by US$1.55 to $64.36 per barrel, on Wednesday, compared to $65.91 pb the day before, said the Kuwait Petroleum Corporation Friday. According to the […]

Abraaj firms fined $315m for deceiving investors

DUBAI 31 July 2019: The Dubai Financial Services Authority (DFSA), yesterday imposed financial penalties of US$299.30 million (Dh1,098,431,000) and $15,275,925 (Dh56,062,645) on Abraaj Investment Management Limited (AIML), and Abraaj Capital Limited (ACLD), respectively. DFSA said […]

US born WTO proposal will not affect UAE

DUBAI 30 July 2019: The Ministry of Economy has said that the two proposals by the United States of America to the World Trade Organisation, WTO, related to developing Member countries and the benefits granted […]

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