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ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Tuesday announced it has safely completed the first co-loading of liquefied petroleum gas (LPG) and propylene onto the same vessel, which was docked in Ruwais, the UAE. Under normal circumstances, LPG, which is produced by Adnoc Gas Processing, and propylene, which is produced by Adnoc Refining, are transported ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has received an invitation from President Beji Caid Essebsi of Tunisia, to attend the 30th Arab League Summit to be held in Tunis in March 2019. The invitation was received by His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, ...

Dubai / WAM For the first time, E2 Dubai South has introduced a 3D virtual tour of spacious events venue on its website, setting up a fresh and contemporary trend in Dubai’s events industry. The tour displays a 360-degree view of the modern centre’s interior and allows users to enjoy an exciting virtual experience. The 3D graphics transport remote spectators ...

Dubai / Emirates Business November data signalled a stronger improvement in the health of Dubai’s non-oil private sector, reflecting faster expansions in business activity and new work and a stable trend in employment. The three main sectors monitored all registered stronger performances, with construction seeing the fastest growth. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite ...

Bloomberg Calls to boycott Canadian goods, throw away iPhones and load up on Huawei Technologies Co. handsets are among signs of budding public anger in China over the arrest of the Chinese technology giant’s chief financial officer in Vancouver. A number of Chinese companies have posted notices to their social media accounts proclaiming support for Huawei, while offering employees subsidies ...

Bloomberg Hyundai Motor Group and its suppliers plan to spend of 7.6 trillion won ($6.7 billion) through 2030 to raise production of fuel cells by more than 200-fold as the South Korean automaker targets to become a key player in the new-energy vehicle technology. The world’s fifth-largest auto group — with Hyundai Motor Co. and Kia Motors Corp. under its ...

Bloomberg A trade group representing US automakers urged the Trump administration to hold off further opening the American market to Japanese cars until Tokyo shows it’s committed to returning the favour. “We recommend the administration avoid making any concessions that would further open the US market to Japanese imports unless and until there is evidence that Japan is truly committed ...

Bloomberg Tesla Inc plans to offer $837 million of bonds backed by auto leases in its second trip to the market for asset-backed securities this year. The electric-car maker is betting investors will look past broader market volatility to load up on the securities, which may sell as soon as this week, according to people familiar with the matter. The ...

Bloomberg US companies forecast a bright outlook for 2019, with gains across profit, employment and production, even as an escalation of the trade wars loom. Almost two-thirds of manufacturers and about 57 percent of service providers expect their revenue in 2019 to surpass 2018’s, though the gain may be smaller than this year’s increase, according to a semiannual survey by ...

Bloomberg In a whirlwind 24-hour span, Indian Prime Minister Narendra Modi has seen his main opponents seize back momentum ahead of the 2019 national election. First came the abrupt resignation on Monday night of Reserve Bank of India Governor Urjit Patel, which sent stock, bond and currency markets tumbling when they reopened on Tuesday. Then Modi’s Bharatiya Janata Party faced ...