Category Archives: Business & Finance

Fujairah data: Oil product stocks rise 18.6% on week due to growth in residues

Oil product stocks at the port of Fujairah rose 18.6% last week, buoyed by a growth in heavy residue stocks, according to data exclusively obtained from the Port of Fujairah.

Residues were up 32.7% week on week, reaching an 11-week …

Saudi Arabia issues 2.6 million Umrah visas in four months

JEDDAH, The number of visas issued for pilgrims entering Saudi Arabia to perform Umrah has reached 2.664 million, 2.79 percent up over the corresponding period last year, according to official statistics released by the Saudi Ministry of Hajj and Umrah …

Mohamed bin Zayed checks on Bahraini Prime Minister’s health

ABU DHABI, H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today called Prime Minister of Bahrain Prince Khalifa bin Salman Al Khalifa, to check on his health …

Mohamed bin Zayed checks on Bahraini Prime Minister’s health

ABU DHABI, H.H. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today called Prime Minister of Bahrain Prince Khalifa bin Salman Al Khalifa, to check on his health …

Asian Cup Group E: Saudi Arabia 4-0 DPR Korea

DUBAI, Saudi Arabia defeated DPR Korea 4-0 to open their AFC Asian Cup UAE 2019 Group E campaign in style at the Rashid Stadium in Dubai on Tuesday.

The opening minutes saw possession evenly balanced but as the match progressed, …

Fujairah-Singapore bunker spread widens to 7-week wide on ample supply

Delivered bunker fuel prices in Fujairah dipped below Singapore prices by $7.50/mt amid ample supply in Fujairah, amounting to a seven-week wide price spread, S&P Global Platts data showed.

The Fujairah-Singapore delivered 380 CST bunker price spread was minus $7.50/mt …