The price of OPEC basket of thirteen crudes stood at US$104.05 a barrel on Wednesday, compared with US$101.93 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Bl…

The Kuwaiti crude oil gained US$2.82 during Wednesday’s trading sessions to hit US$106.79 per barrel, compared with US$103.97 pb the day before, Kuwait Petroleum Corporation said Thursday.According to the Kuwait News Agency (KUNA), Benchmark Brent crud…

The Tax Clinic initiative, organised by the Federal Tax Authority (FTA) to establish and maintain direct communication with business sectors, has resumed its field activities across the emirates with sessions in Ras Al Khaimah and Sharjah.In a statemen…

Education Cannot Wait (ECW), the United Nations global fund for education in emergencies and protracted crises, revealed that its investments have reached close to seven million children and adolescents – 48.4 percent of whom are girls – since becoming…

Dubai’s Roads and Transport Authority (RTA) in collaboration with Keolis-MHI (operator of Dubai Metro and Tram) have launched the Rail Automated System (RAS) Project to trial a paperless initiative reliant on advanced technology. This system is aimed t…

Emirates has announced that it will restore its non-stop A380 services to and from Auckland and Kuala Lumpur, starting from 1 December.The airline currently operates to both cities with a linked Boeing 777-300ER service, which makes a stop in Kuala Lum…

South Korea reported 113,371 new COVID-19 infections and 108 deaths in the past 24 hours, the Korea Disease Control and Prevention Agency (KDCA) said.Yonhap News Agency quoted KDCA as saying that the infection toll rose to 22,701,921 and the death toll…

UAE stock markets closed higher Thursday, driven by the realty and banking blue chips amid increased transactions that amounted to more than 18,000 worth around AED1.87 bn over 392 million shares.Dubai General Index (DFMGI) advanced 1.19% to 3,462.659 …