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DUBAI / Emirates Business The region’s first Islamic Lifestyle Mini Bootcamp, an intensive five-day program that took place at the Dubai Technology Entrepreneur Centre (Dtec), a technology incubator wholly owned by Dubai Silicon Oasis Authority (DSOA) and the largest of its kind in the Middle East, concluded its activities at Dubai Silicon Oasis (DSO), the integrated free zone technology park. ...

DUBAI / Emirates Business Malabar Gold & Diamonds, one among the BIG 5 jewellery retailers globally with a strong retail network of over 195 retail outlets spread across nine countries launched an exclusive jewellery exhibition named ‘Artistry – Branded Jewellery Show’ until December 16 at their renovated & expanded outlet at Meena Bazar, Bur Dubai, Dubai, which is the largest ...

Bloomberg The 1.5 million Brits living in Europe face being “landlocked” after Brexit because Friday’s deal doesn’t clarify whether they can move freely between European Union countries after the UK’s departure from the bloc. The UK and the EU struck a deal to unlock divorce negotiations overnight after months of stalemate. The agreements include a 45 billion-euro ($53 billion) divorce ...

Bloomberg Uber Technologies Inc. has had its operating license suspended in Sheffield, the fourth-largest city in England. The local council said the suspension followed a failure by the ride-hailing company to respond to requests about the firm’s management, and that it can’t provide services in the city after December 18. “If it chooses to appeal this suspension it can continue ...

Bloomberg Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress passed at the end of October. Christian Sobrino, the governor’s representative on the island’s federal oversight board, confirmed that no Puerto Rican entity has received any portion of the ...

Bloomberg Ford Motor Co. is changing gears again in Mexico, shifting planned production of a small electric-powered sport utility vehicle to a plant south of the border instead of a Michigan factory. Sending the electric vehicle to Mexico, where labour costs are lower, will help the business case for the costly model. It also risks raising the ire of President ...

SABETTA / Reuters President Vladimir Putin said that Russia was ready to sell gas to Saudi Arabia after he launched the first loading of liquefied natural gas (LNG) at the Novatek-led Yamal LNG project in the Arctic. Russia is the world’s biggest gas producer, but most of its exports are via pipeline rather than LNG, a super-cooled fuel that can ...

Bloomberg Crude edged higher as near-record Chinese orders for foreign crude signaled stronger demand in the world’s second-largest economy. Futures climbed 1.2 percent in New York. A rebound in China’s crude imports last month from a one-year low defused some of the pessimism among investors fanned by a US government report earlier this week showing bearish increases in fuel inventories ...

Bloomberg After spending years building up its gas-power business, General Electric Co. is trying to figure out how to keep pace in a world that’s no longer all that interested in fossil fuels. The plan to cut 12,000 jobs, or almost one-fifth of the power division’s global workforce, underscores GE’s bad bet on an old-school industry as natural gas loses ...

Bloomberg Cheniere Energy Inc., looking to help global customers meet climate goals under the Paris Accord, is turning to a former Obama administration energy expert as it expands its liquified natural gas exports. Christopher Smith, who helped develop the US Energy Department’s so-called life cycle emissions analysis for natural gas and coal, has joined Cheniere’s Washington office. The analysis was ...