DUBAI / WAM The upcoming sixth edition of the World Green Economy Summit (WGES 2019), will showcase innovation, as well as the key achievements realised by the UAE to push forward its transformation to a green economy. The event will take place on October 20-21 at the Dubai International Convention and Exhibition Centre. Held under the patronage of HH Sheikh ...

Bloomberg Saudi Arabia’s King Salman dismissed Energy Minister Khalid Al-Falih and replaced him with one of his sons, putting a royal family member in charge of oil policy in the world’s largest crude exporter for the first time. Prince Abdulaziz bin Salman, a longtime top Energy Ministry official, is an older half-brother to the Crown Prince Mohammed bin Salman. Analysts ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC), and the Abu Dhabi General Services Company Musanada have begun construction works on a link road between the Shah Gas Field and the Mezairaa area at an estimated value of AED158.4 million. In a statement, the ITC said that the construction of the Shah Field-Mezairaa link road project, spread over an ...

Abu Dhabi / WAM The Abu Dhabi Municipality (ADM), is currently carrying out an internal roads and infrastructure project in Al Bahyah, at a cost of AED311 million. As part of the cooperation with its strategic partners, the municipality said it closed Swimming Pool No.1 in Al Bahyah on September 1, as its location is included in the area covered by ...

Dubai / WAM The Dar Al Ber Society Ras Al Khaimah branch announced that it had assisted 686 students to continue their education in public and private schools, colleges, institutes and universities. During the academic year 2018-2019, the charitable association paid the tuition fees of the students, which amounted to AED2,585,900. Ali Al Shehhi, Director of Dar Al Ber branch ...

Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said that development projects implemented across the UAE are chiefly aimed at ensuring the highest quality of life for all citizens and visitors. The projects aim to achieve the highest standards in accordance with global best practices. ...

Abu Dhabi / WAM Signalling growing investor confidence in the country, a total of 32,256 business licenses were issued in the UAE over the first eight months of the year, bringing to 572,615 the total number of business permits in the country, a growth of 6 pc from 540,359 by the end of December. The significant increase in business licenses ...

Bloomberg Saudi Arabia has awarded to two Saudi firms contracts to build worker housing for its futuristic mega-city called Neom, as plans for the $500 billion project move forward. Tamimi Group and Saudi Arabian Trading & Construction Co. won contracts to finance, build and operate three residential areas with capacity to house 30,000 people, Neom said in a statement on ...

Bloomberg China is exploring ambitious new plans for the future of its car industry, weighing a target for 60% of all automobiles sold in the country to run on electric motors by 2035, according to people familiar with the matter. China’s Ministry of Industry and Information Technology is spearheading the government’s latest auto industry plans for 2021 through 2035, said ...

Bloomberg The United Nations International Court of Justice granted Kenya’s request to postpone a hearing of a territorial dispute with Somalia, less than a week before it was scheduled to begin. The hearing will now start on November 4. Kenya had requested that it be delayed for a year as it recruits a new defense team. The neighbours claim ownership ...