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Sharjah / Emirates Business Sharjah Entrepreneurship Center (Sheraa), conducted a press conference to announce the launch of the largest entrepreneurship festival in the UAE at the Sheraa Hub, American University of Sharjah in the presence of leading industry experts and strategic partners. Celebrating and recharging the spirit of entrepreneurship, Sharjah Entrepreneurship Festival (SharjahEF) makes its grand debut in Sharjah this ...

DUBAI / Emirates Business Meraas announced that it has partnered with global payments technology company, Visa, to create a new and exciting cardholder benefit for Visa premium cardholders in Central and Eastern Europe, the Middle East and Africa. The multi-year agreement will enable Visa Platinum, Visa Signature and Visa Infinite customers to take advantage of a 20 percent discount at ...

Sharjah / Emirates Business The Flag Island, Sharjah’s iconic tourist destination, has entered the Guinness World Records after raising the world’s largest flag. The successful attempt formed part of the spectacular national festivities the island organised on Thursday and Friday as part of the nationwide Flag Day celebrations. Measuring 70 metres in length and 35 metres in width, the flag ...

Bloomberg China Poly Group plans to start exporting natural gas from Ethiopia’s eastern Ogaden basin by mid-2019 as it continues to explore near the border with Somalia, Petroleum Minister Motuma Mekassa said. Shipments from the Calub and Hilala fields will be exported along a 700-kilometer (435-mile) pipeline to a port complex being built in neighboring Djibouti, Motuma said in an ...

WAM The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has issued a series of orders, that included relieving Prince Miteb bin Abdullah bin Abdulaziz from office as Minister of National Guard and appointing Prince Khalid bin Abdulaziz bin Mohammed bin Ayyaf Al Muqren as Minister of the National Guard. According to Saudi Press Agency, the ...

Bloomberg Petroleos Mexicanos announced its biggest onshore discovery in 15 years, just three months after Mexico reported the first major find by private companies, bolstering the nation’s efforts to revive its oil industry. The Ixachi-1 well that lies 72 kilometers (45 miles) south of the port of Veracruz is believed to contain 1.5 billion barrels of oil in place, or ...

Bloomberg Tesla Inc. is installing far less solar power than its SolarCity unit did as an independent company. Tesla installed 109 megawatts of energy-generation systems in the third quarter, according to a statement Wednesday from the Palo Alto, California-based company. That’s down from the 187 megawatts of panels that SolarCity deployed in the same period last year, its final quarter ...

Bloomberg President Donald Trump personally lobbied Saudi King Salman to list the Saudi Arabian Oil Co. on the New York Stock Exchange during a phone call between the world leaders, according to a readout provided by the White House. The call, which came as the president flew from Honolulu to Tokyo, followed the president tweeting his hope that the listing ...

Bloomberg Lenovo Group Ltd. unveiled plans to take over Fujitsu Ltd.’s personal computer business for at least $157 million after posting its strongest revenue growth in two years amid signs the PC market is stabilising. China’s largest PC maker reported a 5 percent jump in revenue to $11.8 billion in the quarter ended in September, surpassing projections for $11.3 billion ...

Bloomberg SoftBank Group Corp.’s Vision Fund is in talks with Auto1 Group GmbH to invest in the German used-car portal, according to a person familiar with the matter. The Vision Fund is set to invest more than $116 million in Berlin-based Auto1 at a valuation greater than 2.5 billion euros, said the person, who declined to be named as the ...