Dubai / Emirates Business Often called the city of the future, Dubai has become synonymous with innovation and future-proofing its tourism linked economy. Dubai continues to spearhead sustainability initiatives, cultivating a key pillar within its tourism infrastructure by positioning Dubai as a world leading sustainable tourism destination and commercial hub. Such measures and initiatives remain at the forefront of the ...

Bloomberg India recorded its best monsoon season in 25 years, paving the way for more bountiful crops including oilseeds and pulses. The monsoon rains, which provide more than 70 percent of the country’s annual rainfall and run from June to September, totaled 968.3 millimeters, data from the India Meteorological Department show. That’s 10 percent above the 50-year average, and the ...

Bloomberg Chinese companies purchased US soybeans after the government issued more waivers for retaliatory-tariff free imports, according to people familiar with the situation. Both state-owned and privately run firms purchased between 12 and 15 cargoes, or as much as 1 million tons, of the commodity, said the people, who asked not to be identified as the information is private. Some ...

Bloomberg India’s core infrastructure industries’ output contracted for the first time in more than four years in August, reflecting weak demand in the economy. The index of eight core infrastructure industries, which comprises output of coal, crude oil, cement and electricity among others, fell 0.5 percent in August. It had last declined in April 2015. The overall output was weighed ...

Bloomberg Kansai Electric Power Co is set to disclose more details of a nuclear payoff scandal as investor scrutiny intensifies and the government orders an independent investigation. The utility plans to identify the 20 company officials who accepted gifts, including details about the cash and goods they received, at a press conference at 2 pm in Osaka, according to Kyodo ...

Bloomberg A blanket of smog covering Vietnam’s capital of Hanoi is causing officials to warn residents to avoid going outside and wear protective masks. Hanoi was listed as having the worst air globally for pollution in major cities at 2 pm local time, data from monitoring firm Impair Air Visual showed. The Vietnam Environment Administration attributed the increase in smog ...

Bloomberg A century ago, Indian Motorcycles were the brand of choice for Japan’s police. They were called “aka-bai” — or red bikes — because of their color. Now, the maker of big American two-wheelers is seeking to recapture some of that glory with a brand relaunch. Recreational vehicle maker Polaris Inc, which makes and sells Indian bikes, is betting that ...

Bloomberg Japan is delaying export approval of a material vital to South Korea’s semiconductor manufacturing industry, Korea’s trade ministry said in a statement, as the trade fight between the neighboring countries shows no signs of abating. The trade ministry issued a statement saying Japan has not approved the export of liquid hydrogen fluoride — a highly purified chemical used to ...

Bloomberg Saudi Aramco is producing more than 9.9 million barrels a day of crude as it fully recovers from the worst-ever attacks on its energy infrastructure. Output reached that level on September 25 and is a “little bit” higher now, Ibrahim Al-Buainain, chief executive officer of state-owned Aramco’s energy trading unit, said. Saudi Arabia has also restored some spare capacity ...

Bloomberg Petroliam Nasional BHd and its South African partners plan to conduct an initial public offering in their fuel retailer Engen to fund the upgrade of a refinery in the coastal city of Durban and to expand its network of gas stations. A yet to be decided amount of shares in the company, which is South Africa’s biggest fuel retailer, ...