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DUBAI / WAM Dubai Municipality’s Food Safety Department reevaluated the food labels of 4,700 local food products to ensure compliance with approved food specifications. A team from the Food Registration and Evaluation Unit of the Food Studies and Systems Section at the department conducted visits to local food factories, as well as commercial complexes and supermarkets in the Emirate of ...

DUBAI / WAM Al Jalila Foundation, a global philanthropic organisation dedicated to transforming lives through medical education and research, announced on Wednesday that it has awarded AED6 million in seed grants to 21 UAE-based medical researchers bringing the total investment to date to AED20 million for 76 research projects. The seed grants focus on research in the field of cancer, ...

ABU DHABI / WAM The Abu Dhabi Food Festival kicks off on Thursday with gastronomic activations and experiences as well as live demos across the emirate until December 23. Spread over 17 days and taking in three weekends, the festival will cook up a storm and bring food-lovers, families and friends together to enjoy cuisine from some of the best ...

Bloomberg A seven-year-old US startup is set to become the biggest private tenant in London just as the UK’s economic outlook worsens. Three years after entering the British capital, WeWork Cos. has signed leases that will make it the city’s No 1 private-sector user of office space, according to data compiled by CoStar Group Inc. for Bloomberg. The rapid growth ...

Bloomberg Telecom Italia SpA Chief Executive Officer Amos Genish expects to restore the credit rating of Italy’s former phone monopoly to investment grade next year, potentially opening up a cheaper source of financing and a wider pool of investors. Genish plans to demonstrate progress in 2018 on Telecom Italia’s goal of lowering debt to 2.7 times its earnings before interest, ...

Bloomberg Britain announced plans to generate savings of as much as 15 billion pounds ($20 billion) a year by improving productivity in sectors such as construction and transport. New programmes to increase efficiency were published alongside the government’s 600 billion-pound infrastructure pipeline, which sets out a series of publicly and privately funded projects over the next 10 years, the Treasury ...

Bloomberg China is upending the global plastics market. The world’s biggest user of scrap has stopped accepting shiploads of other countries’ plastic trash as it phases in a new ban. That’s bad news for the recycling industry, as China has been a major consumer of salvaged materials it processes into resin that ends up in pipe, carpets, bottles and other ...

Bloomberg Investor exhaustion with poor returns from the oil and gas industry may mean less financing to expand the US shale boom next year, and less of a drive for consolidation. After nearing a record in 2016, equity issues from US oil and gas companies are on pace for an eight-year low this year, amid doubts about the stability of ...

Bloomberg Oil exploration in Norway’s Arctic seems to have lost some of its appeal after a disappointing drilling campaign. Only 11 companies applied for exploration licenses in the latest round — the nation’s 24th — which focused heavily on the Barents Sea, the Petroleum and Energy Ministry said in a statement on its website. That’s down from 26 in the ...

JUBA / Reuters South Sudan still owes neighbouring Sudan $1.3 billion from a 2012 deal that ended a dispute over oil payments between the two nations, the deputy finance minister told Reuters before he was sacked last week. The previously undisclosed amount is equivalent to eight years worth of oil revenues for South Sudan at current prices, according to former ...