Published by Reuters UK BERLIN (Reuters) – Vienna-based oil and gas group OMV said on Thursday it would have to make cash-neutral write-downs and value adjustments of around 1.7 billion euros ($1.95 billion) in the fourth quarter. OMV said the adjustments would relate to its exploration and production segment, theContinue Reading

Dubai Public Prosecution is continuing to combat money laundering and related crimes in cooperation with law enforcement agencies and local and federal authorities. Courts in the emirate have issued various sentences in cases that will serve as deterre…Continue Reading

Published by Al-Araby Some of the United Arab Emirates’s highest-ranking officials sent condolences Monday to Israeli President Isaac Herzog, after the death of his mother. UAE President Sheikh Khalifa bin Zayed Al-Nahyan, Prime Minister and Dubai ruler Mohammed bin Rashid Al-Maktoum, and Crown Prince of Abu Dhabi and Deputy SupremeContinue Reading