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BREMEN / WAM UAE Space Agency (UAESA), Nasa signed an Implementing Arrangement (IA) that outlines cooperation across a range of areas related to space exploration and human spaceflight. The document was signed by Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Cabinet Member and Minister of State for Higher Education and Advanced Skills, and Chairman of the UAE Space Agency, ...

Sharjah / WAM Sharjah Economic Development Department (SEDD) has organised a workshop titled “Investment in Human Capital”, to highlight the importance of developing human resources in various sectors and the importance of including it in Sharjah’s authorities adjectives, in line with the directives of HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Commenting ...

Dubai / WAM The Dubai Municipality’s “Zero Accident Construction” challenge initiative, announced in August, has received tremendous response from the contracting companies operating in the emirate of Dubai since the opening of registrations, with many companies submitting applications in September. The challenge, which will continue for six months from October 1 to March 31, 2019, is expected to enhance the ...

Bloomberg Russia’s oil production rose to a post-Soviet high last month as the country completely rolled back the output cuts it had agreed on with Opec, then pumped some more. The country produced a record 11.356 million barrels of oil and condensate a day in September, according to data released on Tuesday by the Energy Ministry’s CDU-TEK statistical unit. That’s ...

Bloomberg Iraq exported more than 4 million barrels a day for a second consecutive month in September as buyers sought alternative supplies to Iran ahead of US sanctions. Shipments from Opec’s No. 2 producer were 4.062 million barrels a day, the highest since November 2016 and compared with 4.061 million a day in August, according to Bloomberg calculations from tanker ...

Bloomberg In the race to solve a fuel-import crisis in Nigeria, Africa’s richest person faces competition from a swarm of tiny challengers. Billionaire Aliko Dangote is building a 650,000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7 billion annual fuel-import bill. Such is the pressure on its finances, the government is pursuing another option, giving licenses to ...

Bloomberg South Africa’s Eskom Holdings SOC Ltd. is still running low on fuel at more than half of its power stations and expects to finish supply contracts in October that will replenish the stockpiles. There are 10 of Eskom’s 15 baseload stations throughout the country that have less than three weeks of coal, Khulu Phasiwe, a spokesman for the utility, ...

Bloomberg YPF SA, Argentina’s state-run energy producer, is closing the tap on some of its natural gas wells as the nation’s second recession in three years curbs demand, according to people with direct knowledge of the matter. The company had been investing heavily in shale gas as the government subsidized production to reverse a costly energy trade deficit. But the ...

Bloomberg Axiata Group Bhd.’s dream of building a carrier that spans southern Asia from Singapore to Pakistan, Indonesia and India is fading as it risks losing hold of overseas units to rivals. Malaysia’s biggest wireless carrier received an offer from Singapore Press Holdings Ltd. and Keppel Corp. to buy out its stake in M1 Ltd., the latest in a series ...

Bloomberg Jack Ma, the co-founder of Alibaba Group Holding Ltd. and China’s richest man, gave a dire warning that the escalating trade war with the US is going to be severe and long-lived. “It’s going to destroy not only China-US trade, it will destroy a lot of small businesses,” Ma said during a speech at the World Trade Organization on ...