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DUBAI / WAM The Arab Strategy Forum (ASF) 2018, taking place under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday announced the detailed programme of activities that will take place on December 12 in Dubai. In its 11th edition, the Forum will gather ...

Riyadh / Emirates Business Enoc Group announced major expansion plans to build 45 new service stations in the Kingdom of Saudi Arabia over the next five years. The Group’s plans are aligned with the Ministry of Municipal and Rural Affairs’ plan, which aim for the construction of over 1,200 petrol stations across the Kingdom. All 45 Enoc service stations will ...

Sharjah / WAM The fourth edition of the Sharjah FDI Forum started on Monday, with optimistic comments by the UAE Minister of Economy and the Shurooq Executive Chairman about the nation’s readiness to promote foreign direct investments (FDIs), as an enabler of sustainable development, despite the slump experienced globally – especially in developed economies – in 2017. The two-day event ...

Dubai / Emirates Business The Ministry of Climate Change and Environment and the Youth Climate Lab, an international organisation dedicated to creating collaborative youth projects to advance climate action, hosted a Youth Dialogue titled ‘Climate Mentorship for Youth’. The session ran on the sidelines of the 24th Conference of the Parties (COP24) to the United Nations Framework Convention on Climate ...

ABU DHABI / WAM Following its successful launch in the Kingdom of Bahrain on December 5, the Zayed Sustainability Prize’s ‘Guiding Light’ campaign has arrived in Bolivia, and will ultimately result in the donation of 2,000 solar lanterns to off-grid communities, in the Municipality of San Juan. The 20×20 metre light installation, revealing the Zayed Sustainability Prize logo, was lit ...

Bloomberg China has gone all out to avoid a repeat of last winter’s crippling gas shortages. The early verdict: so far, so good. China’s gas needs peak for its so-called winter heating season. It’s a time of surging demand and firmer prices as the nation seeks to curb its reliance on dirty coal. The difference so far this year — ...

Bloomberg The activists who rankled Royal Dutch Shell Plc by filing climate-change resolutions for three straight years now are targeting other oil majors. A Dutch group that accumulates shares in oil companies in order to press them over greenhouse gas emissions, has filed another resolution against Shell for 2019. It also filed its first resolution against BP Plc and may ...

Bloomberg Exxon Mobil Corp, Chevron Corp and BP Plc are being pressed by investors with $1.9 trillion in assets under management to resist the Trump administration’s efforts to roll back Obama-era methane rules. The Interfaith Center on Corporate Responsibility sent a letter to 30 oil and natural gas explorers on behalf of 61 investors urging the companies to publicly declare ...

Bloomberg Carlos Ghosn and Nissan Motor Co. were indicted in Japan for understating the high-flying car executive’s income by $43 million, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry. Former Nissan representative director Greg Kelly was also indicted, three weeks after he and Ghosn were arrested in Japan and accused of financial ...

Bloomberg Reliance Jio Infocomm Ltd., the mobile operator backed by India’s richest man Mukesh Ambani, could be No. 1 in the market in revenue terms by 2021 as it adds more subscribers, said Sanford C. Bernstein & Co. analysts Chris Lane and Samuel Chen. Industry-leading rivals Bharti Airtel Ltd. and Vodafone Idea Ltd. lack the “stomach” to battle Reliance Industries ...