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3rd international conference on in-vitro fertilisation opens

Abu Dhabi / WAM The 3rd annual international conference on “Latest Advances in Enhancing Success Rates in Assisted Reproductive Technologies, ART,” (Anno 2017), was opened on Saturday by Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance. Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, also attended the opening session of the conference. Hosted by IVI ...

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Saudi Aramco set for biggest ever presence at ADIPEC

Abu Dhabi / WAM Saudi Aramco is expected to send its biggest ever delegation to this week’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), as Middle East national oil companies (NOCs) establish new commercial partnerships and diversify their operations to ensure sustained long-term growth. With a production capacity of around 12 million barrels of oil per day and rights ...

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‘UAE committed to cooperate with IAEA in enhancing N-safety’

NEW YORK / WAM The United Arab Emirates has reiterated its firm determination to continue working closely with the International Atomic Energy Agency (IAEA), in enhancing nuclear safety. At the 72nd Regular Session of the United Nations General Assembly, which was held in New York, on November 10, Saod Rashid Al Mazroui, member of the UAE delegation to the United ...

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Emirates gears up for Dubai Airshow

Dubai / Emirates Business Emirates is gearing up for the 2017 edition of the Dubai Airshow, with the airline showcasing its largest static aircraft display to date. Emirates’ full family of aircraft consisting of the airline’s 100th A380, its latest Boeing 777-300ER with new cabin interiors, the Emirates Executive A319 aircraft, and the Cirrus SR 22 and Embraer Phenom 100 ...

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Mubadala to mark 10th anniversary in aerospace industry

Abu Dhabi / Emirates Business The 2017 edition of the Dubai Airshow will mark Mubadala Investment Company’s 10th anniversary in the aerospace industry, following a decade of strategic investment that has accelerated the growth of a flourishing, leading-edge aerospace hub in Abu Dhabi anchored by homegrown success stories such as Strata Manufacturing (Strata). Over the past 10 years, Mubadala’s aerospace ...

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Crude rebound an ‘ill-timed threat’ for Modi as polls near

Bloomberg Narendra Modi’s first term as leader of the world’s fastest-growing oil market coincided with the biggest price crash in a generation. Crude’s rebound into a bull market is set to test the Indian Prime Minister as he gears up for re-election in 2019. While low prices helped shrink deficits as Modi cut subsidies after taking the reins of Asia’s ...

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Rio Tinto Group eyes total exit from coal

Bloomberg Just five years ago it would have been almost unthinkable that one of the world’s biggest mining companies would not dig any coal. It’s now likely to become a reality. Rio Tinto Group, the world’s second-largest miner, has been steadily backtracking from coal to focus on better assets. It’s now looking for buyers for its remaining coal mines in ...

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Venezuelan oil output heads to 29-year low as cash crunch grows

Bloomberg Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. Output is expected to slump to 1.84 million barrels a day next year, the lowest compared with official government data since 1989, according to a survey with four analysts compiled by Bloomberg. Rig counts hit a 14-year low in October, ...

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Alibaba Group ‘Singles’ Day’ breaks all-time sales record

Bloomberg Alibaba Group Holding Ltd.’s Singles’ Day shopping bonanza broke last year’s all-time high of 120.7 billion yuan ($18.2 billion) by 1:09 pm in Beijing, with about 11 hours still to go before the final bell. The annual frenzy had already hit $8.6 billion in sales in the first hour after starting at midnight, and by 8 am some 82 ...

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CVC-backed retailer prepares $300mn IPO

Bloomberg MAP Active, the Indonesian sporting goods retailer backed by CVC Capital Partners, is planning a domestic initial public offering that could raise about $300 million, people with knowledge of the matter said. The company, which is a unit of Jakarta-listed PT Mitra Adiperkasa, aims to sell shares as soon as next year, according to the people. It has invited ...

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