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OPEC faces a critical moment

LONDON, Sept 28 (Arab News): OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels.Founded on Sept. 14, 1960, OPEC currently comprises 13 members including nations from Africa and Latin America.The...

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'Tourism for Rural Development'

Bangladesh Parjatan Corporation organised a webinar on 'Tourism for Rural Development' in the city on Sunday to mark the World Tourism Day, with its Chairman Ram Chandra Das as the chief guest

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China oil hub Shandong urges refiners to make payments to govt risk fund

BEIJING, Sept 28 (Reuters): The tax office in China's Shandong province has urged refiners in the oil hub to make payments to a government risk reserve fund to cover periods when oil prices fell below $40 a barrel this year, in line with government policy.Global oil prices held below that...

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Gold prices fall again

NEW DELHI, Sept 28 (The Economic Times): Gold and silver prices continued to be under pressure in Indian markets on Monday. On MCX, gold futures fell 0.4 per cent to 49,460 per 10 gram, extending last week's sharp fall, while silver tumbled 1.0 per cent to 58,473 per kg. Last...

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Oman Air to resume flights to a dozen countries by Oct

DUBAI, Sept 28 (Arab News): Muscat-based Oman Air will resume flights to 18 cities in 12 countries, including the UAE and Qatar by Oct. 1, national daily Times of Oman has reported.There will be two scheduled flights per week to Dubai and Doha, the airline announced on Twitter.The move comes...

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