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Year of Zayed immigration stamps launched

Abu Dhabi / Emirates Business In partnership with The Department of Immigration, Abu Dhabi International Airport (AUH) has rolled out new immigration stamps commemorating the Year of Zayed. All travelers requiring an entry or exit stamp while traveling to or from the airport will receive a special Year of Zayed themed mark in their passport, replacing the regular immigration stamp ...

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ERC continues aid distribution to liberated areas of Hodeidah

Hodeidah / WAM Emirates Red Crescent (ERC), teams continue to distribute humanitarian and food aid to the people of the liberated areas in Hodeidah governorate and surrounding areas within the framework of UAE’s relief bridge to improve the living conditions of Yemenis, alleviate their suffering, and stabilise the current humanitarian situation in Yemen. The move is in line with the ...

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Al Zeyoudi leads UAE delegation to Netherlands

Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, is leading a UAE delegation on an official visit to the Netherlands that aims to explore new areas of cooperation and exchange expertise in environmental protection, agriculture and livestock breeding. From June 26-28, the delegation is meeting with Carola Schouten, Dutch Deputy Prime Minister and ...

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China trade fight puts billions in US energy projects in doubt

Bloomberg China Energy Investment Corp pledged almost $84 billion in shale gas and chemical manufacturing projects across West Virginia after President Donald Trump’s trade mission to Beijing in November, but when it came time to discuss details officials were a no-show. The chief executive and other officers of the world’s largest power company cancelled a visit to a petrochemical conference ...

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Sempra Energy to meet activist investors to discuss a truce

Bloomberg Sempra Energy met with activist investors Elliott Management Corp. and Bluescape Resources to try and reach a truce ahead of its analyst conference set for Thursday, according to people familiar with the matter. The two sides met in Washington to discuss whether Sempra would give the activists board seats and consider setting up a committee to weigh options to ...

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US losing ground in race for energy efficiency

Bloomberg Italy and Germany tied for first place in the worldwide energy-efficiency race, according to a biennial international scorecard released on Tuesday by the American Council for an Energy-Efficient Economy. France, the United Kingdom and Japan followed suit. The United States fell, from 8th in 2016, to 10th in the new ranking of the 25 largest energy-consuming countries in the ...

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Idled Ghana oil refinery seeks finance guarantees

Bloomberg Ghana’s state-owned oil refinery is seeking credit guarantees from the government after lenders declined to issue it loans for crude purchases, according to two people familiar with the matter. The Tema Oil Refinery, 29 kilometers (18 miles) east of the capital, Accra, halted production on June 21 after running out of crude stock, said the people, who asked not ...

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Stocks mixed as trade worries linger; oil rallies

Bloomberg US stocks fluctuated after the biggest selloff since April, as investors assessed the outlook for trade and its implications on global growth. The dollar rose and gold fell. The S&P 500 Index gyrated at its 50-day moving average, while the Dow Jones Industrial Average clung to small gains. Technology shares hit hardest bounced back to give the Nasdaq indexes ...

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Bitcoin struggles to hold $6,000 level after 2018 low hit

Bloomberg Bitcoin bulls are seeking support at the $6,000 price level after the battered digital currency dropped below that threshold for the first time since February over the weekend. The biggest cryptocurrency rose less than 1 percent from its Friday close to $6,103 in New York, according to composite Bloomberg pricing. It slumped to as low as $5,780 on Sunday, ...

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