News

  Abu Dhabi / WAM The Health Authority Abu Dhabi (HAAD) announced a positive case of the MERS Coronavirus, MERS-CoV. The case is receiving the medical care required. HAAD confirmed that it is coordinating with the Ministry of Health and Prevention, MOHAP, and other relevant governmental entities, and has taken all necessary measures as per standards and recommendations from the World ...

  Dubai / WAM Eng. Hussain Nasser Lootah, Director-General of the Dubai Municipality (DM), said that the municipality is currently studying offers to generate energy from organic waste, as well as producing compost from the waste. “We have completed the preparation of a comprehensive plan to deal with waste. We are looking at it from two main angles; the first is ...

  Sharjah / Emirates Business Sheraa (Sharjah Entrepreneurship Center)- a launch pad for aspiring young entrepreneurs in the UAE – announced a partnership with Sharjah Airport International Free Zone (SAIF Zone) to support and empower its accelerator teams in their bid to create a successful commercial enterprise. SAIF Zone will be providing the accelerator teams with a discounted two-year free ...

  ABU DHABI / WAM The Emirates Red Crescent (ERC) launched a donation campaign in the UAE under the slogan “For you Somalia” to help the victims of famine in the country. This campaign follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and is supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

  Ajman / Emirates Business Under the patronage of His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, the third edition of Franchise Brands Retail (FBR Ajman) will be held at Emirates Hospitality Center-Ajman from April, 17-18. FBR Ajman will feature more than 100 local and international brands from various sectors ...

  Dubai / Emirates Business Building on the hugely successful second edition in 2016, the Festival of Media MENA is returning to Dubai on April 26 at the Waldorf Astoria on Palm Jumeirah. The third edition of this global conference and awards program will bring together senior level executives from the world’s biggest brands, marketing agencies and media houses to ...

  Bloomberg A crude pipeline to southwestern China through its neighbour Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa. A Suezmax-sized tanker, which can hold 140,000 metric tons (about 1 million barrels) of crude, began offloading oil for the pipeline at Myanmar’s Made Island, according ...

Bloomberg Oil traded near $53 a barrel, holding its longest winning streak this year before US government data forecast to show record crude stockpiles declined. Futures were little changed in New York after rising 5.7 percent in the previous five sessions. Inventories probably dropped by 1.5 million barrels last week, according to a Bloomberg survey before an Energy Information Administration ...

  Bloomberg Spot metallurgical coal is heading for a record after surging above $300 a metric ton amid supply curbs from Australia, the world’s biggest exporter of the commodity used to make steel. Morgan Stanley says “panic buying” has helped double the price of premium hard coking coal over the past eight sessions after rain from the remnants of cyclone ...

  Bloomberg Toshiba Corp., the 142-year-old conglomerate, warned on Tuesday it may not be able to continue as a going concern as it grapples with billions of dollars in losses from its Westinghouse Electric nuclear business. The disclosure came as the Japanese company reported earnings for the third quarter after missing two previous deadlines for financial results. Toshiba posted an ...