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DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, has directed all district cooling companies to reduce the fuel surcharge for electricity from 6.5 to 5 fils for kilowatt hour and for water from 0.6 to 0.4 fils for Imperial Gallon, and to fully implement this reduction in their customers’ bills ...

Bloomberg The Finance Ministry of the world’s biggest energy exporter has started preparing for the possibility of lower budget revenues in case global oil demand declines sooner than expected. “The peak of consumption may have already passed,” Deputy Finance Minister Vladimir Kolychev said in an interview in Moscow. “The risk is rising in the longer term” that hydrocarbon revenues could ...

Bloomberg President Donald Trump blasted Georgia’s elections as corrupt but urged his supporters to vote for two GOP senators facing re-election anyway, keeping up attacks that party leaders worry could backfire and end their control of the Senate. At a rally in Valdosta, Georgia, Trump took aim at GOP Governor Brian Kemp and Secretary of State Brad Raffensperger after complaining ...

Bloomberg UK and European Union negotiators were expected to resume trade talks on Sunday as both sides strive to patch up serious last-minute differences that are threatening to derail a deal. Officials said the next 48 hours would be crucial after UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke by telephone and agreed to ...

Bloomberg A deadline set by the Trump administration for the forced sale of TikTok’s US assets will come and go on Friday without a final deal, according to people familiar with the discussions. While the deadline has been extended multiple times, TikTok isn’t expected to receive a new one, said the people, who asked not to be identified because the ...

Bloomberg The UK is gearing up to deploy its first Covid-19 vaccine with plans to provide the shot at more than 1,000 centres across the country over the coming weeks with the first jab expected to be given on Tuesday. The vaccine, created by Pfizer Inc and BioNTech SE, has arrived at secure locations in the UK from Belgium, the ...

Bloomberg Christmas tree vendors got a jump on sales this year as buyers looking to chase away pandemic blues started the season early. But all that demand may not necessarily translate into fat profits for sellers of evergreens or the farmers who grow them. “We typically see a wave of buying towards the second week of December, and the day ...

ABU DHABI / WAM The Abu Dhabi Government kicked off its participation in Gitex Technology Week 2020, taking place until December 10, at the Dubai World Trade Centre, with the attendance of 24 government entities in addition to academic institutions and a group of the world’s major technology giants at its pavilion. During the exhibition, the Abu Dhabi Government is ...

DUBAI / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, hosted excited guests over the long weekend at extraordinary celebrations across the park to mark the 49th National Day. Guests arrived at Global Village with high expectations and the proceedings ensured no guest left disappointed. Bader Anwahi, Global Village CEO, said, ...

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development Authority, Shurooq, issued an administrative directive appointing Marwa Obaid Al Aqroubi as the Director of House of Wisdom, a ‘future library’ and social hub being brought to life by Shurooq. The decision reaffirms Sheikha Bodour Al Qasimi’s trust in Al Aqroubi’s vast experience as president ...