SHARJAH / WAM The Court of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday mourned the death of Sheikh Ahmed bin Mohammed bin Sultan Al Qasimi, who passed away on Tuesday morning. Sheikh Ahmed was the brother of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy ...
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Dubai draws 15mn visitors
Dubai / Emirates Business Preparations for Expo 2020 across all industries especially the construction and hospitality sectors are in full swing in Dubai. By the time Expo 2020 arrives, Dubai will have a lot more hospitality options including restaurants and hotels for its residents and visitors. In planning for Expo 2020, Dubai has set a visitor goal of 20 million ...
Read More »UAE, Japan to enhance, develop cooperation in vital sectors
TOKYO / WAM The Japanese Prime Minister, Shinzo Abe, received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. Sheikh Abdullah conveyed the greetings of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Relations between media and Arab world in focus at AMF
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, attended the launch of the Arab Media Forum (AMF), on Tuesday. His Highness was accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and HH Sheikh Maktoum bin Mohammed ...
Read More »ADNOC rolls out more fuel service options for clients
Abu Dhabi / WAM ADNOC Distribution on Tuesday announced a new customer-centric approach that provides its clients with a greater choice of services when purchasing fuel. From mid-April, customers at service stations in Abu Dhabi will have the choice of a new premium service, for a small fee, or a self-serve option. The premium and self-serve options will then be ...
Read More »MBRIF, Sheraa ink MoU to back entrepreneurs
SHARJAH / WAM The Mohammed bin Rashid Innovation Fund (MBRIF), a federal government fund created by the Ministry of Finance and managed by the Emirates Development Bank (EDB), has signed a Memorandum of Understanding (MoU), to support the growth and development of the UAE’s environment of innovation with the Sharjah Entrepreneurship Centre (Sheraa), a non-profit government organisation that supports entrepreneurs ...
Read More »Sharjah helps rebuild one of Africa’s iconic libraries in Guinea
Sharjah / Emirates Business Sharjah has announced the completion of the restoration and renovation of one of Conakry’s, Guinea, most beloved libraries, which was destroyed by a horrific fire accident in 2012, with more than 10,000 of the nation’s richest literatures and publications damaged by the fire. The Djibril Tamsir Niane Library was renovated through generous support by HH Dr ...
Read More »Russia sees joint organisation for cooperation with OPEC on cards
ANKARA / Reuters Russian Energy Minister Alexander Novak said on Tuesday a joint organisation for cooperation between OPEC and non-OPEC countries may be set up once the current deal on oil output curbs expires at the end of this year. Saudi Crown Prince Mohammed bin Salman told Reuters last month that Saudi Arabia and Russia are working on a historic ...
Read More »PetroVietnam says South China Sea tensions will hurt offshore operations
HANOI / Reuters Tension in the South China Sea will hurt PetroVietnam’s offshore exploration and exploitation activities this year, the state-run oil and gas group said on Tuesday, weeks after the Southeast Asian nation suspended a project under pressure from China. Vietnam and China have been embroiled in maritime disputes in parts of the busy waterway, where China claims 90 ...
Read More »China CEFC’s financial woes deepen as creditors file multiple lawsuits
HONG KONG / Reuters CEFC China Energy has been hit by legal action from a creditor, even as the cash-strained conglomerate’s biggest financial backer, China Development Bank (CDB), is attempting to dissuade lenders from taking action, sources said. State-backed China Everbright Bank Co has filed multiple lawsuits against CEFC (Shanghai) International Group Co, a CEFC subsidiary, in a Shanghai court ...
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