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Dubai s non-oil external trade grows 10 percent in Q1

DUBAI: Dubai’s non-oil foreign trade reached 354.4 billion dirhams ($96.5 billion) in the first three months of 2021 – indicating a 10 percent increase from the same period last year. Exports grew 25 percent to 50.5 billion dirhams while imports rose by 9 percent to 204.8 billion dirhams, state news agency WAM reported. Re-exports reached 99 billion dirhams in the same period,

WEEKLY ENERGY RECAP: If oil prices were below $70, would IEA still tell OPEC to open taps?

Oil prices continued their rally for the third week in a row, amid confidence in the strong oil demand outlook and accelerating vaccinations allowing people to travel more. On the week closing, Brent crude rose to $72.69 per barrel. West Texas Intermediate (WTI) rose to $70.91 per barrel. International benchmarks’ futures forward curves are further tightening, and the Arabian

UK firm creates monitor that detects COVID-19 in 15 minutes

LONDON: A team of British scientists has created a monitor that can detect COVID-19 infections in a room within 15 minutes. The ceiling-mounted “Covid alarm,” created by Cambridge-based developer Roboscientific, detects chemicals secreted by the skin or found on the breath of people with the virus called “volatile organic compounds,” which scientists at the London School of

Adesanya back to his best in UFC 263 win over Vettori

LOS ANGELES: Israel Adesanya was back to his brilliant best Saturday, defeating challenger Marvin Vettori with a show of superior striking and defending his middleweight title at UFC 263 in Glendale, Arizona. It was a masterful return to form for the New Zealander on a wild night at the Gila River Arena that also saw the UFC crown its first-ever Mexican-born champion. “I

Pakistan steps up vaccine rollout with 100m target

LAHORE: Pakistan has received 14.5 million coronavirus vaccine doses since it began its vaccination campaign in February, and plans to buy a further 90 million doses to inoculate the adult population in the second half of the year, the country’s health ministry has said. Announcing its 2020-21 federal budget, Pakistani Minister of Finance Shaukat Tarin said that the government

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