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DLD to highlight business potential at Dubai Property Show in Shanghai

  Dubai / WAM Dubai Land Department (DLD) announced its participation at the Dubai Property Show in Shanghai from March, 24-26 at the Shanghai World Expo Exhibition and Convention Centre. The DLD will participate through its investment arm, Real Estate Investment Management and Promotion Centre, and use the event as a platform for highlighting Dubai’s leading position among the world’s ...

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Ministry warns against taking Flumox medicine

  Abu Dhabi / WAM The medicine called Flumox is not available nor allowed in the UAE, the Ministry of Health and Prevention said in a statement on Monday. The Ministry warned passengers of the risks of bringing this medicine into the UAE. It also warned all members of the community not to circulate and share health-related videos, and those ...

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MEA stationery market to reach US$12bn by 2019

  Dubai / Emirates Business International suppliers of stationery and office supplies are turning to the Middle East and Africa (MEA) for future business growth, with the UAE presenting itself as the ideal gateway to access hard-to-reach markets. Growth in the global stationery and office supplies market is expected to come from emerging markets such as the MEA. Analysts TechNavio ...

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Dubai Chamber highlights emirate’s strong trade links with Africa

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry recently participated in the Investing in Africa conference in London, which was organised by the Wall Street Journal and attended by global investors, businessmen, government officials, and decision-makers. Addressing delegates during the event, Majid Saif Al Ghurair, Chairman, Dubai Chamber, spoke about the importance of the Dubai-Africa trade ...

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ADNOC opens new facility in Western Region

  Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of Al Marfa City service station in the Western Region of Abu Dhabi as part of the company’s strategic expansion plan to meet the growing demand for its high-quality products and services. Located on the Hospital Street and next to the Integrated Government Services Centers ‘Tamm’, the latest addition ...

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Emirates NBD aligns CSR objectives with ‘Year of Giving’ themes

  Dubai / Emirates Business In keeping with the ‘Year of Giving’ initiative, launched by His Highness Sheikh Khalifa bin Zayed Al Nahyan, Emirates NBD, a leading banking group in the region, announced that it aligned its 2017 Corporate Social Responsibility (CSR) objectives with the three main themes of the UAE President’s initiative – ‘Strengthening social responsibility in the private ...

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Nigeria’s proposed sale of oil assets not easy

  Bloomberg For sale: stakes in oil fields. Bids from world class energy companies preferred. Pipelines and terminals associated with the deposits only blown up about a dozen times in the past year. Deal may depend on crude prices. Nigerian President Muhammadu Buhari’s government on March 7 proposed a plan to jump start the economy by, among other things, selling ...

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Canadian oil firm to spend $9.4 billion to buy Alberta fields

  Bloomberg The future of the Canadian oil sands is looking a lot more Canadian. Calgary-based Canadian Natural Resources Ltd. said it will spend C$12.7 billion ($9.4 billion), its biggest purchase ever, to buy Alberta oil fields and facilities that process the sticky bitumen from oil sands from Royal Dutch Shell Plc and Marathon Oil Corp. “At the time you ...

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Libya crude oil output falls 11% on field closings

  Bloomberg Libya’s crude output dropped 11 percent as clashes among rival armed groups over the last 11 days led to the closing of some of the OPEC nation’s biggest oil export terminals, forcing a number of fields to halt production. Output fell by about 80,000 barrels a day to 620, 000 barrels since fighting among armed groups broke out ...

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