News

Bloomberg Drillers cut exploration in US oil fields to a 15-year low as billions of barrels from old discoveries became worthless and explorers abandoned growth plans. The number of active oil rigs in the US fell by four to 176, the lowest since 2005, according to Baker Hughes Co. data. Energy companies have been parking rigs on an almost uninterrupted ...

DUBAI / WAM The Dubai Land Department (DLD) through the Real Estate Licensing Department of the Real Estate Regulatory Agency (RERA) announced the launch of its “Green List” project, which seeks to provide additional services to the real estate professionals and empower the sector. The project is a new addition to a range of comprehensive services provided by “Dubai REST”, ...

Abu Dhabi / WAM As part of the healthcare programme for senior citizens and individuals with chronic diseases, Abu Dhabi Public Health Centre under the guidance of the Department of Health – Abu Dhabi (DoH), has launched mobile clinics which will be operating in coordination with several public and private healthcare facilities in the emirate. The clinics will facilitate access ...

Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...

Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

dubai / WAM Dubai Design District (d3) on Saturday launched the inaugural d3 Architecture Festival in partnership with the Royal Institute of British Architects Gulf Chapter (RIBA Gulf Chapter) establishing the emirate’s first platform to showcase regional architecture, urbanism and sustainable development. The inaugural edition is set to run from November 11-13 on the sidelines of Dubai Design Week, held ...

Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...

Bloomberg President Donald Trump’s order banning US companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the ...

Bloomberg The Italian government has approved its latest bundle of coronavirus related norms aimed at supporting businesses and workers damaged by the coronavirus pandemic. The measures known as “August decree” include tax breaks for small and medium-sized businesses and companies that hire in Southern Italy, an extension of one-off payments for tourism and entertainment industry workers, money for the healthcare ...

Bloomberg Boris Johnson’s government warned British tourists they face more disruption to their plans for holidays in Europe amid reports that France may be next on the UK list of countries hit by coronavirus travel restrictions. Belgium, Andorra and The Bahamas were added to the quarantine list — meaning all passengers arriving from these areas will need to self-isolate at ...