News

Abu Dhabi / WAM Ahead of the launch of the ‘Year of Zayed’ and under the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Higher National Committee for Year of Zayed on ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, was awarded on Wednesday the ‘Order of the Mother of the Nation’ from His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in recognition of ...

Dubai / WAM The Ministry of Human Resources and Emiratisation announced the public holidays to mark the Prophet Mohammad’s (PBUH) birthday, National Day, and Commemoration Day, for employees in the private sector, from Thursday, November 30, until Saturday, December 2. Work should resume on Sunday, 3rd December, according to a ministerial circular issued by Nasser bin Thani Al Hamli, Minister ...

Dubai / WAM Expo 2020 Dubai and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), have signed a Memorandum of Understanding (MoU), to integrate the contents, programmes and initiatives of Expo 2020 into the UAE’s ambition of establishing itself as a regional hub for knowledge, education and research. Under the MoU, both the parties will focus collaboration on initiatives ...

Dubai / Emirates Business VFS Global, the world’s largest outsourcing and technology services specialist for governments and diplomatic missions worldwide, conducted the 4th global edition of its annual innovation workshop ‘iConnect’ for the outsourced government services industry in Dubai. The event brought together 129 delegates from 55 countries to interact and discuss the most significant technology trends and the cutting-edge ...

Abu Dhabi / Emirates Business The Small and Medium Enterprises (SME) sector in the GCC region presents a potential of $920 billion with 156% growth in the next five years, employing 22 million people, according to a new study by MENA Research Partners (MRP), a leading research company in the region. The study was released on Wednesday, when Sharjah is ...

RIYADH / PARIS / Reuters Toshiba-owned Westinghouse is in talks with other US-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said. Saudi Arabia, the world’s top oil producer, sent a request for information (RFI) to reactor builders worldwide last month in a first step towards ...

TUNIS / Reuters Libya’s Waha Oil Co is producing about 260,000 barrels per day (bpd), up more than 100,000 bpd from the company’s output levels this summer, but further gains are complicated by a lack of investment, its chairman said. Ahmed Ammar said Waha was aiming to increase output to 375,000 bpd by the end of next year but was ...

MOSCOW / Reuters Russia’s oil producers and energy ministry discussed a six-month extension to global oil output cuts, TASS news agency repor-ted, citing unnamed meeting participants, shorter than a 9-month extension floated by Russian President Vladimir Putin. Energy Minister Alexander Novak and domestic oil producers held a meeting last week to discuss the deal, which is scheduled to expire on ...

TUNIS / Reuters Poland’s dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United States, as part of a wider plan to cut its reliance on Russian supplies, it said. State-run PGNiG said that as part of the deal, signed with Centrica LNG Co. Ltd, it will receive nine LNG shipments ...