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UAE entrepreneur Mohamed Alabbar covers Egypt s Enigma magazine

UAE entrepreneur and businessman Mohamed Alabbar has given an exclusive interview to Egypt’s Enigma magazine, in which he has outlined his self-made journey to success. In the full-ranging feature, Alabbar speaks of his humble start at the Central Bank of the UAE and a business career that led to the founding of powerhouse real estate company Emaar Properties. “It all goes back to God’s blessings, and surrounding yourself with people who feed your mind and encourage your dreams. And you need to have the right mindset,” Alabbar told the magazine. “So if you want to be recognized and successful, it will cost time and effort. You have to keep going all the time, and when you make mistakes, you need to keep moving forward. And in the end, God will bless you.”

Gold retraces ahead of FOMC, oil torn on supply

OLE HANSEN - A revival among key US crop futures help offset another week of steep losses across energy commodities. Crude oil suffered a third consecutive week of losses. Precious metals reversed some of their recent strong gains as profit-taking has emerged ahead of the June 14 Federal Open Market Committee meeting.Oil returned to near pre-Opec levels as.

Saudi artist, Amazon launch debut Eid-themed gift card collaboration

RIYADH: A Saudi artist has become the first person in the Kingdom to join forces with Amazon to release a series of new themed gift cards, featuring unique Saudi culture-inspired illustrations to mark the upcoming Eid Al-Fitr holiday. The collection, which features designs created exclusively for Amazon by self-taught local artist Majd Shaker Jaha, offers Saudis the chance to send traditional “Eideyyahs” (gifts of money) to loved ones digitally via Amazon.sa. Jaha, 21, told Arab News that she was honored to have been selected for the job by Amazon, and was happy that the company was making the effort to highlight work by local artists.

Russian oil output rises two percent in April following previous month s OPEC+ deal

Russian oil output rises two percent in April following previous month s OPEC+ deal SECTIONS Last Updated: May 02, 2021, 12:19 PM IST Share Synopsis Under a deal agreed by the OPEC+ group of leading oil producers in March, Russia s production quota was allowed to increase by 130,000 bpd from April 1 to 9.379 million bpd, excluding the output of gas condensate, a light oil. Agencies Russian oil and gas condensate output rose 2% to 10.46 million barrels per day (bpd) in April, from 10.25 million bpd in March, according to Reuters calculations based on an Interfax report on Sunday citing energy ministry data. Under a deal agreed by the OPEC+ group of leading oil producers in March, Russia s production quota was allowed to increase by 130,000 bpd from April 1 to 9.379 million bpd, excluding the output of gas condensate, a light oil.

Canadian banks struggle to reconcile Big Oil financing with green commitments

Canadian banks struggle to reconcile Big Oil financing with green commitments
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