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DUBAI / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local, regional and international real estate markets, is set to take place in Dubai from April 9-11, 2018 at the Dubai International Convention and Exhibition Centre (DICEC). As the main partner of IPS 2018, DLD will be adding value by enhancing trust and ...

Abu Dhabi / Emirates Business The Supreme Council for Motherhood and Childhood receives 200 car seats from Babyshop, Abu Dhabi on October 25, the one-stop destination and leading Omni-channel children’s retail-brand in the UAE, in support of Sheikha Fatima bint Mubarak’s humanitarian initiative ‘My Child’s Seat’, which aims at protecting children from road accidents and spreading awareness around children’s safety. ...

Dubai / WAM The UAE Government is partnering with the World Economic Forum – Davos to host the second Annual Meeting of the Global Future Councils (AMGFC) on November 11-12, in Dubai’s Madinat Jumeirah. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the event gathers more than ...

Bloomberg Representatives from about 40 companies are expected to accompany President Donald Trump on the first presidential trade mission to China from Nov 8-10 and sign deals for billions of dollars in US investments. One of the biggest deals the Trump administration is currently negotiating is a multibillion-dollar energy investment from Chinese oil and gas giant China Petroleum & Chemical ...

Bloomberg Brent surged above $60 a barrel for the first time in more than two years amid enthusiasm that OPEC may extend its supply-restraint deal and indications that the situation between Iraq and the Kurds remains fragile. The global benchmark jumped to levels last seen in July 2015 and crude in New York closed near an eight-month high. Saudi Arabian ...

RIYADH / Reuters The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom’s drive to diversify away from oil, the crown prince told Reuters in an interview. Crown Prince Mohammed bin Salman also said Aramco’s initial public offering is on track for next year and the ...

QUITO / Reuters Ecuador will ask to withdraw from OPEC for two years if the organization does not approve its request to be exempt from production quotas, the oil minister said. The Andean country, which is facing a huge deficit and funding needs because of low oil prices and a devastating earthquake last year, is planning to present its request ...

Bloomberg Indian Railways has floated a global tender to procure rails, a move that may end the monopoly of state-run supplier Steel Authority of India Ltd. as Asia’s oldest network seeks to plug a supply shortfall. The state-run freight and passenger carrier is seeking to buy 700,000 metric tons of rails for track upgrades, Railway Minister Piyush Goyal said. The ...

Bloomberg Sogou Inc., the Chinese search engine backed by Tencent Holdings Ltd., aims to raise as much as $585 million in a US initial public offering. The company, born from the Chinese media company Sohu.com Inc., is marketing 45 million American depositary shares for $11 to $13 apiece, according to a filing with the US Securities and Exchange Commission. Sogou ...

Bloomberg China will send inspection teams to coal-producing regions and ports to target “malicious” hoarding and “price monopoly” as regulators seek to ensure stable prices during peak winter demand. Regulators will closely watch price levels and stockpile changes to gauge potential manipulation by market participants, including producers, that are aimed at boosting prices, the National Development and Reform Commission said. ...