News

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Angela Merkel, Chancellor of the Federal Republic of Germany, discussed the promotion of bilateral ties between the two countries, as well as regional and international issues of mutual interest during the talks held ...

  Abu Dhabi / WAM Mubadala Investment Company, established after the merger of Mubadala Development Company and International Petroleum Investment Company, began operations on Monday with a new logo purporting a welcome to the employees. The new entity is expected to accelerate Abu Dhabi’s economic diversification as it is active in 13 business sectors in more than 30 countries globally. The ...

  Sharjah / WAM ‘1001 Titles’, a Knowledge without Borders (KwB), initiative, that aims to launch 1,001 first edition Arabic titles in 2016 and 2017, reached 80 percent of its target. The announcement was made on the sidelines of the 27th edition of the Abu Dhabi International Book Fair currently being held at ADNEC. Since its inception in February 2016, 1001 ...

  DUBAI / Emirates Business Dubai Business Women Council (DBWC), the UAE’s leading platform for the personal and professional development of women in the emirate and beyond, hosted a dynamic discussion on women in leadership, featuring WWE Chief Brand Officer and TV personality Stephanie McMahon alongside some of the UAE’s most influential business women. The event builds on 15 years ...

  ABU DHABI / WAM The 11th annual Sheikh Zayed Book Award ceremony was held in the presence of dignitaries and prominent figures to honour the 2017 winners. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the ceremony was attended by ...

  Dubai / WAM Dubai Culture and Arts Authority, Dubai Culture, the emirate’s dedicated entity for culture, arts and heritage, concluded its ‘Live Our Heritage’ festival, which was held in City Centre Mirdif under the theme ‘UAE Folk Arts.’ The festival was attended by a number of VIPS including Sheikha Fatima bint Hasher Al Maktoum, who visited on the last ...

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) hosted a seminar on ‘Liquidity Generating Innovations in Islamic Finance’ in conjunction with the Islamic Financial Services Board (IFSB). The event was held at the Ritz Carlton, Dubai International Financial Centre (DIFC). The seminar served as a platform to explore the use of existing Islamic capital market instruments such ...

  DHAHRAN / Reuters State oil giant Saudi Aramco plans to launch its overhauled Muajjiz oil terminal on the Red Sea next year, lifting its total loading and export capacity to as much as 15 million barrels per day, Saudi officials said. Located on the Red Sea, Muajjiz had been used as an export terminal for Iraqi crude through the ...

  Bloomberg Libya’s crude production rebounded to more than 700,000 barrels a day as OPEC member’s biggest oil field and another deposit in its western region resumed pumping after a halt. The Sharara field is currently producing 216,400 barrels a day, while the El Feel, or Elephant, deposit is pumping 26,500 and is expected to boost output further, Jadalla Alaokali, ...

  Bloomberg Baidu Inc. will boost spending on content for its video streaming and news aggregation services as it tries to nurse its core internet search business back to health. The strategy is designed to attract new users as China’s biggest search provider enters a critical period after sales in 2016 grew at the slowest pace on record. The company ...