Saudi Arabia, Kuwait, and Venezuela reduced crude oil exports in March from the previous month while West African members of the Organization of Petroleum Exporting Countries increased shipments, according to official data.
Dubai’s benchmark stock index rose for a ninth day in its longest winning streak in more than two years on investor optimism the emirate is recovering from a property crash and restructuring debt. Abu Dhabi’s gauge gained.
Akfen Holding AS, a Turkish group with diversified interests including port operations, energy and real estate, climbed the most in more than two weeks after its airport construction unit won a $400 million project.
Health officials are grappling with unanswered questions as they struggle to understand the threat posed by the new coronavirus that’s killed more than half the people diagnosed with the respiratory infection.