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DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority, and master developer of Jumeirah Lakes Towers, on Sunday announced that the construction of Uptown Dubai is proceeding at pace with the completion of piling and raft works for the first super tall tower at the district. The last few months have seen more than 150 ...

SHARJAH / WAM Thirteen UAE-based female entrepreneurs have started their social entrepreneurship training journey with the pilot edition of Badiri Social Entrepreneurship Programme (BSEP), which kicked-off in the UK. BSEP is the brainchild of Sharjah-based NAMA Women Advancement Establishment’s education and capacity building arm, Badiri Education and Development Academy, and the School for Social Entrepreneurs (SSE). Through their collaboration on ...

Bloomberg The trade war between the US and China is about to get uglier. After a long, hot summer spent weighing risks and firing warning shots, the hawks in President Donald Trump’s administration have gained the upper hand — and they’re set to unleash a fall offensive. Talks in Washington this week yielded little visible progress towards a ceasefire between ...

Bloomberg Today on the Pebble Beach Golf Course in California, Ferrari unveiled the 50th convertible model it has ever made, the Ferrari 488 Pista Spider. This 488 Pista Spider is the continuation of Ferrari’s top-selling 488 line. It has the most powerful Ferrari V8 engine ever—720 horsepower on twin-turbos—and a unique barking rev sound thanks to the fact that it ...

Bloomberg The UK government said it will move forward with plans to punish directors who fail to safeguard their workers from the effects of a company’s bankruptcy. New powers announced Sunday will be given to the UK Insolvency Service, including the ability to issue fines or even disqualifications to company bosses if they are found to have tried to avoid ...

Bloomberg Sarah O’Brien, Tesla Inc.’s vice president of communications, is leaving the company after nearly two years, the company confirmed. Her departure has been planned for a few months and precedes the recent drama surrounding Chief Executive Officer Elon Musk’s aborted attempt to take the electric carmaker private. Her last day will be September 7. “We’d like to thank Sarah ...

Bloomberg Poland’s jobs conundrum is worse than it looks. A labour shortage has increasingly emerged as one of the biggest hurdles for the European Union’s biggest eastern economy. Now the remaining pool of available workers is drying up fast. Data showed Poland’s registered jobless rate unchanged in July at a record low, with the number of newly unemployed down by ...

Bloomberg Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, ...

Bloomberg Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad and Tobago Prime Minister Keith Rowley signed a deal where Trinidad will purchase gas from Venezuela’s prolific Dragon Field, state-run energy company, Petroleos de Venezuela SA, said in a tweet. Under the terms of ...

Bloomberg CenterPoint Energy Inc. wants to introduce a pilot programme in Minnesota offering customers access to a renewable form of natural gas recovered from dairy farms and landfills. It’s the first such programme in the Midwest, mirroring the push by utilities to offer electricity powered by wind or solar. Methane produced by everything from manure to rotting garbage is the ...