News

TOKYO / WAM Japan’s imports of crude oil from the UAE reached to 20.13 million barrels in June, according to data from Agency for Natural Resources and Energy in Tokyo. The agency, part of the Japanese Ministry of Economy, Trade and Industry, reported that the percentage of oil imports from the UAE amounted to 35.1 percent of the total Japanese ...

Dubai / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, and Sayed Zulfikar Bukhari, Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development, have discussed ways to boost cooperation and bilateral ties between the UAE and Pakistan in labour issues. During the meeting, which was held at the headquarters of the Ministry ...

Bloomberg Russia slightly increased its oil production in July, ahead of the Opec+ plans to start easing their record supply cuts starting this month. The nation’s producers pumped 39.63 million tons of crude and condensate last month, according to preliminary data from the Energy Ministry’s CDU-TEK unit. That’s an average daily of 9.371 million barrels, applying a 7.33 barrel-per-ton conversion ...

Bloomberg Kuwait has suspended commercial flights from 31 countries on the advice of health authorities, just as the Gulf state re-opened its airport to such operations. While other flights will resume, countries on the barred list include India, Iran, China, Brazil, Lebanon, Spain, Singapore, Egypt and Sri Lanka, the Directorate General of Civil Aviation said in a statement. The airport ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafrah Region of Abu Dhabi, United Arab Emirates (UAE). This step is the most historic milestone to date in the delivery of the ...

Abu Dhabi / WAM Abu Dhabi Department of Education and Knowledge (Adek) urged UAE-based technology innovators to sign up for YouthTech Competition 2020, the summer’s hackathon for entrepreneurial start-ups, before the application deadline closes on August 8. Open to applicants aged 18-29 years old, the YouthTech Competition 2020, run in partnership with accelerator StartAD and part of the Abu Dhabi ...

Sharjah / WAM The Health Promotion Department (HPD) at the Supreme Council for Family Affairs recently reported that some 5600 individuals from all age groups have participated in awareness-raising activities organised by the Department this month, which included 34 virtual lectures and workshops delivered by 12 doctors and health specialists from inside and outside the country, along with presentations by ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that changes in its bank guarantee management process, as it becomes completely paperless. A press release issued by the authority on Sunday said that Dewa is the first government organisation in the UAE to achieve this step. Being paperless reduces the time needed to complete transactions by 80 percent, ...

Dubai / Emirates Business The Panamanian Minister of Private Investment HE Jose Alejandro Rojas has called on UAE companies to leverage Panama as a global gateway to expand their footprint in Latin America and tap into new growth opportunities in the region. His comments came during a webinar organised by Dubai Chamber of Commerce and Industry’s representative office in Panama, ...

Bloomberg Argentina’s creditors have approached several international organisations to seek endorsement for a proposal to change the rules that govern some of the country’s overseas securities, according to people familiar with the matter. The International Monetary Fund (IMF), the US Treasury, the International Capital Market Association (ICMA) and the Institute of International Finance (IIF) are among the organisations that have ...