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Emiratisation acceleration agenda discussed

AL DHAFRA / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, presented, to a group of private sector companies operating in Al Dhafra, the agenda and steps related to achieving Emiratisation in Al Dhafra, by employing a thousand UAE nationals over three months. The agenda aims to achieve the Emiratisation objectives of the National Agenda and ...

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DP World named best port operator at ‘Lloyd’s’ awards

Dubai / Emirates Business DP World, UAE Region was awarded the prestigious Port Operator award at this year’s Lloyd’s List South Asia, Middle East & Africa Awards ceremony in Dubai. Lloyd’s List South Asia, Middle East & Africa Awards are among the most prestigious recognitions for companies in the logistics and maritime trade sectors, with awardees being recognised as leaders ...

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UAE announces new extension to visa amnesty initiative

Abu Dhabi / WAM The Federal Authority for Identity and Citizenship announced a deadline extension to the “Protect Yourself by Adjusting Your Status” initiative. The initiative, which is being extended to December 31 upon the directives of the wise leadership and as part of the 47th National Day celebrations, aims to provide new opportunities for those who qualify but have ...

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Al Bowardi attends Idex 2018 in Cairo

CAIRO / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, and his accompanying delegation, attended the opening of the first edition of Egypt Defence Expo (Idex) 2018 in Cairo. President Abdel Fattah El Sisi, President of The Arab Republic of Egypt, visited the participating UAE pavilion at the exhibition and was received by Al Bowardi, in ...

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Sial Middle East 2018 to draw strong participation from GCC

Abu Dhabi / Emirates Business The ninth edition of Sial Middle East is set to feature country pavilions of Kuwait, Bahrain and Saudi Arabia, indicating a growing interest from the GCC countries to benefit from the sizeable opportunities created by the fastest-growing food, beverage and hospitality event in the region. Held in strategic partnership with Abu Dhabi Food Control Authority ...

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UAE highlights its clean, renewable energy targets at COP24

KATOWICE / WAM The UAE delegation to the 24th Conference of the Parties, COP24, to the United Nations Framework Convention on Climate Change (UNFCCC), in Katowice, Poland, attended the official opening ceremony of the event and the High-level Segment for Heads of State and Government. The delegation joined attendees from more than 190 countries and territories at the meeting, aimed ...

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Canada joins oil cut drive as Alberta seeks to ease glut

Bloomberg Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash. The plan will reduce production of raw crude and bitumen from Alberta by 325,000 barrels a day, or 8.7 percent, from January until excess oil in storage ...

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Vivint Solar drops most in over two years

Bloomberg Vivint Solar Inc dropped the most in more than two years after saying a fund managed by Blackstone Group LP, its biggest owner, is selling 8 million of the rooftop solar company’s shares at a 21 percent discount. Vivint fell 21 percent to $5.51 at 11:33 am in New York, after earlier sliding as much as 22 percent. That’s ...

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Unilever adds Horlicks in $3.8bn deal for Glaxo India

Bloomberg Unilever agreed to acquire GlaxoSmithKline Plc’s Indian consumer business, including malted milk drink Horlicks, for 3.3 billion euros ($3.8 billion) to boost its footprint in one of the world’s fastest-growing major economies. It’s one of the Anglo-Dutch company’s largest acquisitions under departing Chief Executive Officer Paul Polman, who in January is handing over to personal-care head Alan Jope. It’s ...

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Soybeans lead agri gains on US-China trade war truce

Bloomberg Soybeans led advances among US crop futures after the White House said China agreed to immediately restart buying American farm products as part of a trade truce between the two countries. The oilseed jumped as much as 3.2 percent to the highest since June in Chicago, as corn and wheat also climbed, while Chinese soybeans fell on expectations of ...

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