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Trump’s trade shifts put Brazil back in agriculture game

  Bloomberg Brazil’s agriculture minister expects that rising protectionism in the US will create “many opportunities” for his country’s industry, including increased trade with Mexico. Mexico’s representatives will discuss the possibility of importing soybean and beef from Brazil in a meeting with local farmers and industry members later this month, Blairo Maggi said at an event in Sao Paulo. “Brazil ...

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Food security tops UAE’s priorities

  Abu Dhabi / WAM The UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, places food security at the top of its policy priorities and is proceeding to deliver the highest possible rates for national food security and its sustainability, said His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

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ENOC attains record sales volume of 245mn barrels

  DUBAI / Emirates Business Emirates National Oil Company (ENOC) announced a record volume of sales of petroleum products of 245 million barrels, reflecting a 5-year rolling average growth of 9 percent, despite the challenging macroeconomic situation. The announcement was made during the Group’s board meeting, which took place on February 2, to discuss 2016 performance, including Dragon Oil, and ...

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NBAD, FGB assets jump to AED655.8bn before merger implementation

  ABU DHABI / WAM The total combined assets of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) jumped to AED665.8 billion at the end of 2016, as revealed before the execution of a planned merger during the 1st quarter of the current year. The same financial data showed a rise in their combined deposits to around ...

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EGA’s unit awards $700mn mine works contract to Fluor

  Abu Dhabi / Emirates Business Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced that its subsidiary Guinea Alumina Corporation (GAC) has awarded an engineering and programme management consultancy contract for its under-construction bauxite mine in the Republic of Guinea in West Africa to Fluor Corporation. The total value of contracts ...

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MoE to explore investment opportunities in Moldova

  ABU DHABI / WAM The Ministry of Economy is to lead a trade delegation to the UAE-Moldovan Business Forum, which is taking place on February 8 and 9, in the Moldovan capital, Chisinau. The UAE delegation will be headed by Sultan bin Saeed Al Mansouri, Minister of Economy, who will meet with Pavel Filip, Prime Minister of Moldova and ...

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Mohammed to lead Q&A session on reviving devp in Arab world

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday announced he will be leading a Q&A Session to examine the revival of the development process in the Arab World. The session will take place during the fifth edition of the World Government Summit (WGS) 2017. During ...

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UAE will remain pioneer in global developmental work, says Mansour

  Dubai / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Abu Dhabi Fund for Development (ADFD) chaired the board of directors’ meeting. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Deputy Chairman of ADFD, was also present. The board reviewed a ...

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Sheikha Fatima calls for safe internet environment

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), Supreme Chairwoman of the Family Development Foundation (FDF) and President of the Supreme Council for Motherhood and Childhood, has stressed the need to establish an effective mechanism to develop sustainable means of communication, while maintaining a safe internet environment. The changes that occurred in ...

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Year of Giving will provide opportunities for public-private sector partnerships, say ministers

  Abu Dhabi / WAM The ‘Year of Giving’ will provide opportunities to build strong long-term partnerships between the public and private sectors through various programmes and agreements, according to ministers and officials. They stated that government support for both sectors will promote the likelihood of success for private sector initiatives, as well as transform limited community programmes to more comprehensive ...

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