SHARJAH / WAM Sharjah Water and Electricity Authority (SEWA), hosted on Wednesday a high-level delegation from General Electric Power (GE Power), to discuss potential projects to strengthen Sharjah’s power sector in line with the SEWA’s Vision 2020 and the UAE Energy Plan 2050 aimed at driving a culture of innovation, sustainability, cutting carbon dioxide emissions, increasing clean energy and strengthen ...

Dubai / WAM Mashreq Bank has announced that it received two awards at the 2017 EMEA Finance Middle East Banking Awards. The Bank was presented with the ‘Best Local Bank in United Arab Emirates’ and the ‘Best Product Launch in Middle East’ for its card-less cash withdrawal for corporates, which is one of an extensive line of products and solutions ...

Abu Dhabi / WAM The Federal National Council (FNC), has approved, during the 12th session of the third ordinary session of its 16th legislative chapter that was held on Wednesday, which was headed by Marwan bin Ghalita, First Deputy Speaker of the FNC, a draft federal law on product safety, after adding to and amending some of its articles. The ...

Dubai / WAM The Dubai Foundation for Women and Children (DFWAC), announced that it helped 822 children of child abuse since its establishment in 2007 until the beginning of the year 2018. Accommodation services were provided for 492 children, while 330 children were provided with external care and rehabilitation services. This came as a part of the special report issued ...

ABU DHABI / WAM The National Media Council (NMC), has launched the ‘Pen Print’ initiative to encourage members of the community to make a habit of visiting book stores located in malls and commercial centres. The initiative – part of the NMC’s efforts to support the Month of Reading in March 2018 – also supports Emirati writers, promotes their publications ...

SHARJAH / WAM The International Government Communication Forum (IGCF 2018), has invited a host of Arab and international luminaries to shed light on the leading role women play in inspiring digital communities with their innovative use of technology for global progress. The 7th edition of the forum, organised by the International Government Communication Centre, IGCC, is being hosted under the ...

Seoul / Reuters South Korea’s move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utilities burn the dirty feedstock to meet power demand. South Korea’s trade ministry said in February it would suspend five coal-fired power plants, with a combined ...

Bloomberg After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get tapped by a competitor first. Shell and Japan’s Inpex Corp. are both targeting gas from a connected reservoir in Australia’s remote Browse Basin, about 200 kilometers (125 miles) off its northwest coast, according to consultant Wood Mackenzie Ltd. Meeting its planned ...

Reuters Saudi Arabia plans to keep its crude oil production in April below 10 million barrels per day (bpd), and maintain exports under 7 million bpd, the energy ministry said on Wednesday, as the top OPEC producer wants to end a global supply glut and boost prices. Saudi Arabia has been pumping below its OPEC target since January and reducing ...

TRIPOLI / Reuters Libya’s Zawiya oil terminal returned to normal operations after workers who were blocking ships from docking agreed to end a one-day strike, two sources said. Zawiya exports crude from Libya’s giant El Sharara oilfield, which produces 300,000 barrels per day (bpd), more than a quarter of the North African country’s output. Production at El Sharara had not ...