News

  DUBAI / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, which is responsible for Etihad Museum’s management and daily operations, has announced that the Museum has already received more than 1000 students since it opened to the public last January. The museum is expected to continue receiving students over ...

  HADRAMAUT / WAM Emirates Red Crescent (ERC) on launched on Saturday a project for drilling of artesian wells at Ramah Directorate in Yemen. The project aims to drill 18 wells in Hadramaut Governorate to benefit people living in the desert facing frequent water shortage. Hamdan Al Menhali, Supervisor of ERC at Hadramaut valley and desert, said that the implementation of ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, will mark the fourth edition of Dubai Art Season with a citywide showcase of art and cultural events, held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman of Dubai Culture. Running ...

  Abu Dhabi / Emirates Business Tadweer (The Center of Waste Management – Abu Dhabi) announced the kick-off of a 3-month awareness campaign in Abu Dhabi main island Western Zone in collaboration with Abu Dhabi Municipality and Averda, the Municipal waste services contractor for the Western Zone of Abu Dhabi main island. Eng. Nayel Rashed Al Shamsi, Project Manager, Tadweer ...

  Bloomberg OPEC achieved the best compliance rate in its history at the outset of an accord to clear the oil glut, a plan that’s being supported by surprising strength in demand, the International Energy Agency said. The Organization of Petroleum Exporting Countries implemented 90 percent of promised output cuts in January, the first month of its agreement, as key ...

  Bloomberg Petroleo Brasileiro SA’s $5.2 billion sale of a natural gas distribution unit to Brookfield Asset Management Inc. and other investors has just hit a legal snag. A Brazilian federal judge granted an injunction against the acquisition of Nova Transportadora do Sudesteon on grounds that the sale wasn’t sufficiently publicized to foster competition, according to a copy of the ...

  Bloomberg Saudi Arabia is trying to make sure crude buyers in the world’s biggest oil market aren’t lured by rivals while it curbs output as promised. Saudi Arabian Oil Co. will sell full volumes of contractual supply for March to Asian refiners, according to people with knowledge of the matter who asked not to be identified because the information ...

  Reuters Creditors have agreed in principle to Saudi Binladin Group’s (SBG) request for a two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility used to pay for delayed building work at the Grand Mosque in Mecca, sources said. Reuters reported last month that SBG had asked a syndicate of banks for the credit to be extended ...

  Bloomberg Elon Musk may think hydrogen-powered vehicles are rubbish, but Toyota Motor Corp. and a cadre of Japan’s leading manufacturers are betting otherwise — and not just on cars. With the blessing of Prime Minister Shinzo Abe, Toyota is at the forefront of Japan’s efforts to use hydrogen and fuel cells to power cars, heat homes and keep factories ...

  Bloomberg Iron ore keeps getting told the end may be nigh: so far in 2017, the response has been that the end’s just another high. The raw material’s rally has been powerful enough to drive futures in China back to $100 a metric ton as spot prices trade at levels last seen in 2014. On the Dalian Commodity Exchange, ...