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DUBAI / WAM Dubai Electricity and Water Authority (Dewa) announced that it will be the host sponsor of the 24th World Energy Congress (WEC), which will be held fr- om September 9 to12 in Abu Dhabi, under the theme ‘Energy for Prosperity’. Saeed Mohammed Al Tayer, MD & CEO of Dewa, will attend the conference and deliver a speech on ...

Bloomberg Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering, people with knowledge of the matter said. The boutique investment banks have started preparatory work on the offering, according to the people, who asked not to be identified because the information is private. They ...

Bloomberg Oil fell for the first time in three days as US Secretary of State Mike Pompeo fanned the flames of the trade war with China, heightening concerns about economic growth that underpins energy demand. Futures fell as much as 1.7 percent in New York on Tuesday. Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national ...

DUBAI / WAM Travel is expected to reach an all-time high in the upcoming weeks for Emirates Airlines, as the carrier expects yet another busy period with travellers arriving into Dubai after the summer holidays and Eid breaks. Excluding transit passengers, over 500,000 people are expected to arrive into Dubai from August 20 until the beginning of September. Mohammed Mattar, ...

Abu Dhabi / WAM The General Women’s Union (GWU) organised a workshop titled, “Reinforcing Women Political Engagement”, at the Abu Dhabi Women’s Club under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF). The event was ...

ABU DHABI / WAM The Integrated Transport Centre (ITC) in Abu Dhabi has announced the addition of 40 new buses for Abu Dhabi’s residents and visitors starting from October 11, as part of its endeavour to improve the public transport network. This is part of a public transport network development pro-ject to purchase 327 new buses at a cost of ...

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, has directed the local government to strengthen efforts and turn objectives into a tangible reality by harnessing all the resources and capabilities to meet the aspirations of the emirate’s community. His Highness’ remarks were made as the fourth package ...

NEW DELHI / WAM The Indian government has said the UAE’s highest civil decoration, the Order of Zayed, which Prime Minister Narendra Modi would ceremonially receive in Abu Dhabi on his visit later this week, is of “special significance.” Raveesh Kumar, Spoke-sman of India’s Ministry of External Affairs, said in a statement that “the award in the name of the ...

DUBAI / Emirates Business Dubai recorded a 5 percent drop in apartment transactions during the first quarter of 2019, while villa sales in the emirate are up by 35 percent, according to data in ‘Property Finder Trends’ report, released earlier this month. The figures show that the type of properties being purchased is changing, although overall sales transactions are steady ...

ABU DHABI / WAM The third day for the registration of applications for the Federal National Council (FNC) elections saw 84 applications, taking the figure to 372 in three days, including 133 from women. The total number of applications in Abu Dhabi by the end of the third day reached 110. Dubai saw 53, while Sharjah received 94. A total ...