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ABU DHABI / Emirates Business Aldar Properties PJSC (Aldar) on Sunday provides its latest quarterly update on its projects under development across key destinations in Abu Dhabi. On Yas Island, Aldar has begun the handover process for the first 300 homes West Yas, the island’s first villa community. The community retail plaza, which includes the first Spinneys supermarket on Yas ...

DUBAI / WAM The Ministry of Community Development (MOCD), launched the Taalouf initiative, a family counselling service provided through a variety of private channels that guarantee confidentiality in order to resolve family disputes, offer guidance to married couples, and ensure family cohesion. Sana Mohammed Suhail, MOCD Under-Secretary, said that the initiative, adopted during the annual meeting of the government of ...

DUBAI / WAM Retail companies of all sizes can capitalise on the huge merchandising opportunities available before, during and after Expo 2020 Dubai. With more than 5,000 types of official licensed products due to go on sale, Expo 2020 is seeking companies which can help it deliver top-class retail goods to millions of Expo visitors and enthusiasts from around the ...

Bloomberg India, the world’s fastest growing oil consumer, is bucking an emerging market trend of populist measures to curb surging oil prices. While governments in Indonesia, Brazil and elsewhere are cutting or freezing prices, India is standing its ground on gasoline and diesel costs even after they rose as much as 16 percent this year. India has, so far, resisted ...

Bloomberg OPEC’s Gulf members may need to pump almost as much crude as they can to cover swelling supply losses from Venezuela to Iran and beyond, the International Energy Agency said. “Rising production from Middle East Gulf countries and Russia, welcome though it is, comes at the expense of the world’s spare-capacity cushion, which might be stretched to the limit,” ...

Bloomberg Exxon Mobil Corp quit the American Legislative Exchange Council, a lobbying group bankrolled by fossil fuel companies, following a disagreement over climate-change policy. The oil giant won’t be renewing its membership after it expired in June, spokesman Scott Silvestri said by phone. Exxon had a public spat with ALEC in December when some members backed by climate skeptics such ...

Bloomberg Oil companies operating in the central US want oil to average $69 a barrel before they’ll substantially expand drilling, according to the Federal Reserve Bank of Kansas City. That’s up from $56 a year earlier, according to a survey of firms released by the Kansas City Fed, which serves all or parts of seven states from Nebraska to New ...

Bloomberg Fortis Healthcare Ltd.’s board of directors chose IHH Healthcare Bhd. to take control of India’s second-largest hospital chain, ending a months-long takeover battle as the company wrestles with investigations over financial irregularities. Malaysia-based IHH’s offer would see $583 million invested directly in the company through a preferential allotment of shares at 170 rupees a share, according to a statement ...

Bloomberg China has been gobbling up the world’s soybeans at breakneck speed over the past decade. But as the trade spat with the US escalates, its imports of the oilseed are set to decline for the first time in 15 years. China will bring in 95 million metric tonnes of soybeans in the 2018-2019 season, the US Department of Agriculture ...

Bloomberg Bexcellent Group Holdings Ltd., whose top tutor earns more than HK$40 million ($5.1 million) a year, surged as much as 34 percent on the first day of trading in Hong Kong. The provider of tutoring services to Hong Kong secondary school students was so popular that individual investors placed orders for about 289 times the stock initially available to ...