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Fujairah / WAM The 6th Fujairah International Mining Forum and Expo (IMF) will be held from February 26-28, under the patronage of His Highness Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, to promote investments in quarrying and mining in the Arab region. The three-day forum will be held under the title, “In line with ...

Sharjah / WAM The Sharjah International Commercial Arbitration Centre (TAHKEEM), has been awarded three ISO Certificates – ISO 9001, ISO 14001 and ISO 18001. The three certificates are ISO Quality Management 9001; ISO Environment Management 14001; and OHSAS 18001 Certification for Occupational Health and Safety Management System. The certificates were received by Ahmed Saleh Al-Echlah, TAHKEEM Director, in the presence of ...

Abu Dhabi / WAM The Department of Health (DoH), in Abu Dhabi, launched the ‘Mabrouk Ma Yak’ at Danat Al Emarat Hospital for Women and Children, part of the United Eastern Medical Services (UEMedical), to expand the implementation of the service in public and private hospitals in the emirate. The Ministry of Interior has previously implemented this service through the ...

Bloomberg Russia’s oil industry continued its long-term expansion last year, with production hitting a record even as President Vladimir Putin joined forces with OPEC to clear a global glut and lift prices. The nation’s oil output increased to an average 10.98 million barrels a day in 2017, up 0.1 percent from the previous year, according to data published on Tuesday ...

DUBAI / Reuters Oman’s state budget for 2018, approved by ruler Sultan Qaboos, boosts spending at the expense of running a large deficit, despite increasing concern among credit rating agencies about the health of the country’s finances. The budget projects spending of 12.5 billion rials ($32.5 billion) this year, up from 11.7 billion in the original budget for 2017, local ...

CHONGQING / Reuters China plans to launch a natural gas exchange in Chongqing in early 2018, aiming to create an Asian price benchmark as the nation’s use of the fuel surges amid its shift away from coal. China is the world’s third-biggest consumer of natural gas behind the United States and Russia. An exchange in its fast-growing market would be ...

Bloomberg Norway is realising it will have to do without the deep pockets of the biggest oil companies as it seeks to extend an era that has made it one of the world’s richest countries. The most recent blow came when only 11 companies applied for new blocks in the Arctic Barents Sea, touted as the country’s most promising area ...

Bloomberg Third time’s the charm, but not for Korea’s largest carmaking group. Hyundai Motor Co. and affiliate Kia Motors Corp. said they sold 7.25 million autos in 2017, a million short of the companies’ joint target and missing forecasts for the third consecutive year. Deliveries fell to the lowest level since 2012. The group is forecasting a 4.1 percent increase ...

Bloomberg China’s will end the production of 553 passenger-car models that don’t meet fuel-consumption limits amid efforts by the nation to curb pollution. The halt in production was expected to begin on January 1, the China Vehicle Technology Service Center said in a statement Thursday. Models include FAW VW’s Audi FV7145LCDBG sedan, Beijing Benz’s Benz BJ7302ETAL2 sedan and Shanghai GM’s ...

Bloomberg India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilise the nation’s existing generation capacity. Coal-fired capacity, which accounts for more than three quarters of the nation’s electricity, rose by 809 megawatts during the April-November period, according to Bloomberg calculations based on the latest available ...