Category Archives: Business & Finance

Second Belt and Road Forum to be held April 25-27 in Beijing

BEIJING, The Second Belt and Road Forum (BRF) for International Cooperation will be held in Beijing from April 25 to 27, Chinese State Councilor and Foreign Minister Wang Yi announced at a press briefing on Friday.

With the theme of …

Fujairah Data: Oil products stocks dip 2% on week

Oil products stocks at the port of Fujairah were down 2.2% in the week to Monday, following a drawdown in middle distillates stocks of 7.9% week-on-week, according to inventory data exclusively obtained by S&P Global Platts Wednesday.

Total stock levels …

Nahyan bin Mubarak attends panel discussion at NYU Abu Dhabi Institute

ABU DHABI, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, attended today a panel discussion about a long poem from the Jallianwala Bagh Massacre in 1919 – which was penned by the great Punjabi writer Nanak Singh, who experienced …

Abu Dhabi Chamber discusses commercial cooperation with Tunisia

ABU DHABI, Mohammed Thani Al Rumaithi, Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, met with Samir Al Mansar, Ambassador of Tunisia to the UAE, and consolidating ties between the two countries.

During …

The Middle East could be in a win-win situation from upcoming shipping rules

The Middle East is well positioned to adapt to the biggest shift in the global shipping industry since the late 1800s — and it starts in just nine months. The International Maritime Organization’s (IMO) ruling to reduce sulphur in shipping …

Diesel VLCC Olympic Lyra heads to W. Africa, Front Defender to UK -ship data

The Very Large Crude Carrier (VLCC) Olympic Lyra changed its destination to Lome in Togo from Southwold in Britain, Refinitiv ship-tracking data showed.

Togo is a hub for ship-to-ship transfers to other destinations in West Africa, such as Nigeria.

VLCCs …