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Sharjah / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, inaugurated the Middle East’s first graphic design Biennial, and the first-of-its-kind in the Middle East and North Africa (Mena), region. Over the course of the next 21 days, the UAE’s fictitious “Ministry of Graphic Design” will introduce visitors to the best and most ground-breaking graphic designs ...

Abu Dhabi / WAM Louvre Abu Dhabi on Saturday announced that it has welcomed more than one million visitors in its first year, establishing itself as one of the leading cultural institutions on the global stage. Commenting on the first anniversary of Louvre Abu Dhabi, Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, ...

Bloomberg Russia’s oil industry is feeling the pressure of a possible return of production caps. In fact, by sacrificing a fraction of output, the companies could see their stocks rise. Fresh output curbs may push crude prices up, benefiting Russian producers just as they did during the cuts that began last year. The Moscow Oil & Gas Index has gained ...

Bloomberg BlackRock Inc and CleanCapital LLC bought a 46.9-megawatt portfolio of US solar power from a unit of ATN International Inc. The 60 projects are in California, Massachusetts and New Jersey, CleanCapital said in a statement. ATN’s Chief Financial Officer Justin Benincasa said in an email that the purchase price was $64.3 million. Including assumed debt of $55.5 million and ...

Bloomberg Alibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon. This Sunday, the Chinese internet giant is including sales from Lazada, the online shopping mall it controls. Southeast Asia’ biggest web retailer is becoming a key part of Alibaba’s plan to fuel growth, on top of the company’s efforts ...

Bloomberg Bharti Airtel Ltd.’s rating has been placed on review for downgrade by Moody’s Investors Service on concern the cash flow generation at India’s second-biggest mobile phone carrier will remain weak. The Baa3 issuer and senior unsecured rating of the company has been placed on review for a cut, Moody’s said in a statement. The review also reflects Bharti Airtel’s ...

Bloomberg Streamcast Group, a firm whose technology enables streaming services and boosts networks in emerging markets, is considering an initial public offering as soon as next year, people familiar with the matter said. The company is aiming to list in London, though it’s also considered other venues, the people said, asking not to be identified because the deliberations are private. ...

Bloomberg Nike Inc. and LVMH, which have long struggled against knockoffs of their famous products, praised China’s efforts to fight intellectual property theft. US President Donald Trump has cited IP violations, including the counterfeiting of major brands, as justification for imposing tariffs on Chinese exports. But executives at the two companies were more charitable at the China International Import Expo ...

Bloomberg DowDuPont Inc. sought to reassure investors that its planned spinoff of one of the world’s biggest plastic makers will be unscathed by a groundswell of global concern about pollution. Jim Fitterling, who will lead the new company as chief executive officer, waved away worries that protests against plastic trash will weigh on the new stand-alone operation’s growth plans. He ...

Bloomberg A key gauge of the UK housing market fell to the weakest since just after the financial crisis. The Royal Institution of Chartered Surveyors (RICS) said its index of prices fell to the lowest in six years in October, pointing to a modest drop in values. Uncertainty about the UK’s impending exit from the European Union and a lack ...