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Abu Dhabi to host regional nurses’ conference

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (Adnec) will host the International Council of Nurses’ first Regional Conference at its Abu Dhabi National Exhibition Centre from September 25th to 27th 2018. This important Conference will be co-hosted with the Emirates Nursing Association (ENA) and in collaboration with the SEHA International Nursing, Midwifery and Allied Health conference. This ...

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Azizi’s Al Furjan project set to complete by 2018 end

DUBAI / Emirates Business Azizi Developments, one of the leading private developers in the UAE, is set to complete Shaista Azizi, one of their five projects in Al Furjan due for completion, at the end of the year. The project is advancing at a fast pace with elevation works, mechanical and electrical installations progressing to the eighth floor and upwards. ...

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OPEC producer taps lenders for $1.1bn loan in shale push

Bloomberg Kuwait Foreign Petroleum Exploration Co. (Kufpec) is borrowing $1.1 billion to spend on oil and natural gas projects as the company plans to expand its shale operations, Chief Executive Officer Sheikh Nawaf Saud Al-Sabah said. Sumitomo Mitsui Banking Corp. and Societe Generale SA were the joint lead arrangers of the five-year loan for Kufpec, a unit of state-run Kuwait ...

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Planned $500 billion Saudi Robotic City hosts cabinet meeting

Bloomberg Saudi Arabia’s King Salman held his first-ever cabinet meeting in Neom, a planned $500 billion futuristic city that will host more robots than people in a desolate peninsula in the kingdom’s northwest. The sci-fi city on the Red Sea coast is designed to represent Saudi Arabia’s efforts to transform itself away from oil. The 82-year-old monarch’s visit there for ...

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CleanFund seals $103mn bond deal for renewables, water

Bloomberg A California-based clean-energy financing company closed a $103 million bond offering backed by commercial loans supporting renewables, energy-efficiency and water and seismic-upgrade projects. CleanFund Commercial PACE Capital Inc.’s bond deal is one of the first to bundle C-PACE obligations — commercial property assessed clean-energy — according to a statement. PACE uses property tax liens to repay the debts. The ...

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As Trump brings home war dead, families blast US agency

Bloomberg North Korea’s return of about 55 American war dead marks a hopeful milestone in their almost seven-decade journey home. But it could be years before they’re reunited with their families, and some families blame the US government agency charged with identifying them. The remains, which US Vice President Mike Pence was expected to formally accept on Wednesday in a ...

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China may be ‘getting in our way’ on North Korea, says Trump

Bloomberg US President Donald Trump suggested China is obstructing nuclear talks with North Korea as the world’s two biggest economies tussle over trade. Trump’s remark at a political rally on Wednesday in Tampa, Florida, was the latest sign of friction between the US and North Korea, as they attempt to implement on Kim’s June 12 agreement to “work towards complete ...

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Xi orders army to get out of kindergarten business

Bloomberg China’s military has been ordered by President Xi Jinping to stop running kindergartens and other businesses and focus on fighting, as he attempts to overhaul the world’s largest army. Xi said during a meeting of the Communist Party’s 25-member Politburo that the armed forces should cease commercial activities by the end of the year, the official Xinhua News Agency ...

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Zimbabwe ruling party wins parliament

Bloomberg Zimbabwe’s ruling party won a majority of parliamentary seats in the first election of the post- Robert Mugabe era as the opposition and advocacy groups questioned the credibility of the process. With almost three-quarters of results from the legislative vote tallied, President Emmerson Mnangagwa’s Zimbabwe African National Union-Patriotic Front had won 110 of the 210 directly elected seats in ...

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Senate chief exits Buhari’s APC as opposition swells

Bloomberg Nigeria’s leader Muhammadu Buhari suffered yet another blow as the Senate president walked out of the ruling party less than a week after about 50 lawmakers joined the ranks of a swelling opposition movement ahead of elections in February. “It is a decision that has been inescapably imposed on me by certain elements and forces within the All Progressives ...

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