Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended on Tuesday a lecture on the fourth agricultural revolution, delivered by Dr Caleb Harper, Director of the Open Agricultural Initiative at MIT Media Lab. In a lecture titled “Eating Digital: The Fourth Agricultural ...

Abu Dhabi / WAM The Abu Dhabi Education Council (ADEC), approved the fee hike request of 24 private schools in Abu Dhabi starting from the 2017-2018 academic year. The average increase in fee is about three percent. Meanwhile, ADEC has rejected the request of 60 private schools. A total of 84 schools had submitted the request to increase fees, out ...

Abu Dhabi / WAM The National Health Insurance Company (Daman), has launched a trial phase allowing clients to pay insurance premiums and service charges using e-Dirham at its service centre in its Abu Dhabi headquarters. Daman said that payments using e-Dirham services will be included in the approved payment options package, and will expand to the remainder of the company’s ...

Abu Dhabi / WAM Khalifa Fund for Enterprise Development (KFED) and the Development Bank of Belarus (DBRB) signed an MoU setting up the framework for future cooperation to develop Small and Medium Enterprises in the Republic of Belarus. The agreement was signed by Hussain Jassem AlNuwais, Chairman of Khalifa Fund for Enterprise Development and Sergei Rumas, Chairman of the DBRB. The ceremony ...

Bloomberg The windfall from being the world’s largest exporter of liquefied natural gas has allowed Qatar to amass about $335 billion of investments around the world through its sovereign wealth fund. Now, a diplomatic spat with neighboring countries threatens to hamper the Qatar Investment Authority’s ability to continue making headline-grabbing global deals. Saudi Arabia and three other Arab countries cut ...

SINGAPORE / Reuters Oil price agency S&P Global Platts, a unit of S&P Global Inc, said on Tuesday it has initiated with immediate effect a review of the deliverability of crude oil loading from Qatari ports. The move follows major Arab nations cutting commercial and diplomatic ties with Qatar. During the review period, and until further notice, Al-Shaheen crude oil ...

Kurdistan / Reuters Genel Energy’s main Taq Taq oil field in Iraqi Kurdistan has seen falling output in 2017 but the rate of decline has slowed recently, the company said in a statement prepared for its annual general meeting on Tuesday. Shares in Genel, which have fallen more than 92 percent since its peak in 2014, were down 3.2 percent ...

Bloomberg Looking for a rare bright spot in US coal? Consider Nebraska, the only state producing more electricity from the fossil fuel than it did a decade ago, according to a Bloomberg analysis of US government data. While America’s slashed its coal-fired electricity generation by more than a third between 2006 and 2016 — creating havoc for the coal sector, ...

Bloomberg Oil dropped to the lowest level in more than three weeks as the market refocused on glut concerns after a diplomatic clash involving Saudi Arabia and Qatar was seen as having a limited impact on supply. Futures dropped 0.6 percent in New York, after rising as much as 1.6 percent earlier in the session. Saudi Arabia, Bahrain, the United ...

Bloomberg India’s Adani Group will proceed with its $16.5 billion Carmichael coal project in Australia’s Queensland state after its board approved a final investment decision on the development. Adani announced the move on Tuesday after last-minute delays due to uncertainty over a royalty deal with the state and amid resistance to the project because of concerns that it will damage ...