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Crude prices jumped by three per cent, or $2.32, to $78.17 on the New York Mercantile Exchange, the highest since 2014. The Brent international benchmark hit a new 3-year high at $81.48, up 2.8 per cent
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In its latest outlook for airline industry financial performance, the global aviation body said net 2020 loss estimates have been revised upward to $137.7 billion from $126.4 billion due to slow recovery and travel restrictions
Adnoc Drilling is expected to be among the 10 largest companies on the Abu Dhabi Securities Exchange
The Dubai-based group, which primarily invests in low supply and finite real estate opportunities, focuses on green development initiatives in its Smart City projects to offer a pollution-free environment
High-speed transport system for goods and passengers is expected to become a reality by 2030
The currency lost 52-paisa against the greenback in the inter-bank market and closed at 170.48 to a dollar, another historic low
Dubai villa prices are up 16.5 per cent, while Abu Dhabi residential values are up 2 per cent in the July-September quarter.
Widening current account deficit is the chief reason behind depreciation, economists say
Pandemic increased demand for resort-themed properties; New projects will focus on environment, sustainability and governance aspects
The country will promote its soft image at the Expo while showcasing rich art, culture, heritage and industry
