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Abu Dhabi / Emirates Business The Abu Dhabi Department of Urban Planning and Municipalities (DPM) will showcase its latest digital development projects in the Abu Dhabi digital government pavilion at GITEX 2017. The DPM has been invited to attend the event due to its impressive achievements in developing and implementing digital enhancements to its processes and customer services. During the ...

Abu Dhabi / Emirates Business An expanded and restructured strategic conference programme at the world’s leading annual meeting for senior oil and gas decision makers, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), will play a vital role in driving strategic investment decisions across the industry’s full value chain, organisers said today. Investment in refining and selling the oil ...

Bloomberg The Trump administration will formally propose repealing former President Barack Obama’s sweeping plan for curbing greenhouse gas emissions from power plants by arguing it went beyond the bounds of federal law, according to documents obtained by Bloomberg News. The Environmental Protection Agency (EPA) will not prescribe an immediate replacement to the plan, and instead will soon ask the public ...

Bloomberg National Agricultural Development Co., (NADEC) the Saudi dairy producer part owned by the kingdom’s sovereign wealth fund, plans to start talks with Danone SA’s venture in the country for a potential combination. Shareholders of the privately-held Al Safi Danone will own 38.75 percent of National Agricultural Development Co. at the completion of the proposed transaction, according to a statement ...

Bloomberg Even for commodities deal king Ivan Glasenberg, it’s been a busy week. Glencore Plc announced two acquisitions potentially worth as much as $2 billion within days of each other. One to capture a stake in Chevron Corp.’s oil refining and fuel service stations in South Africa and Botswana, the other to take a bigger stake in Latin America’s top ...

Bloomberg Not every oilman is gaining from the US shale boom. Just ask Joe Warren. Warren, a partner at Brown & Borelli Inc., is caught in a historical hiccup, of sorts. More than a third of the 65 to 70 old-line vertical wells his company operates in Oklahoma are negatively affected by horizontal drilling, he says. The new-style wells can ...

Bloomberg A bungled transition from coal to clean energy has left resource-rich Australia with an unwanted crown: the highest power prices in the world. New Yorkers pay half as much as Sydneysiders to keep the lights on, despite Australia boasting among the world’s largest coal and natural gas reserves, as well as ideal conditions for clean power generation. A decade ...

Bloomberg Sydneysiders are cashing out of their million-dollar homes in favour of cheaper houses in the tropical north, says Macquarie Bank Ltd. The emerging exodus is part of Australia’s latest wave of interstate migration to Queensland, where house prices are half Sydney’s and job creation is on the rise. When similar factors were at play in the mid-1980s and mid-2000s, ...

Bloomberg Chocolate lovers in Asia are taking a big bite out of the global cocoa glut. From India to China, where demand is growing faster than in major markets like Europe or the US, consumers are eating more chocolate. At the same time, big growers in West Africa are harvesting smaller crops. Top processors Cargill Inc. and Barry Callebaut AG ...

Bloomberg Pay for Japanese workers showed the strongest gains this year in August, according to data from the labour ministry. It’s welcome news for economic policy makers in Tokyo who are struggling to spur sustained inflation in the world’s third-largest economy. Monthly cash earnings increased 0.9 percent from a year earlier, the largest amount in more than a year, and ...