News

  Bloomberg Mexico’s fuel market liberalization has done something rarely seen before: make California’s pump prices look cheap. Drivers are flooding across the border to southern California to fill up on gasoline, after protesters blocking distribution centers near the Baja California capital of Mexicali caused stations to run dry. Antunez’s Shell gas station in Calexico is just five blocks away ...

  Bloomberg The UK will do “whatever we have to do” to boost its competitiveness if it fails to secure post-Brexit access to the European Union single market, Chancellor of the Exchequer Philip Hammond said in an interview published on Sunday in a German newspaper. “If Britain were to leave the European Union without an agreement on market access, then ...

  Bloomberg German Transport Minister Alexander Dobrindt, escalating a months-long feud with Italy over vehicle emissions, said the European Commission must ensure that Fiat Chrysler cars that break pollution rules are taken off the market, Bild am Sonntag reported. “The Italian authorities have known for several months that Fiat, in the opinion of our experts, uses illegal shut-off devices,” the ...

  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 congratulated Sudanese President Omar Hassan Al Bashir on the lifting of some of the economic sanctions, imposed by the United States on his country. In a telephone call made last night with president ...

  DUBAI / WAM ArabPlast 2017, an international plastics, petrochemicals and rubber industry trade fair, concluded, underlining a great future for the industry, both locally and regionally. The event saw its participants reiterate their determination to adopt innovative strategies to develop their production capacity in a sustainable and effective way. “In ArabPlast 2017, participants were able to find out about ...

  DUBAI / WAM Total amount of real estate transactions recorded in the Emirate last year exceeded AED259 billion, revealed Dubai Land Department’s (DLD) annual report. Commenting on DLD’s annual report, Sultan Butti bin Merjen, Director-General of DLD, said the findings in the report confirm that the real estate market in Dubai has reached a new phase of maturity and ...

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, is inviting selected industry specialists to develop the next phase of the driverless vehicle transit network serving Masdar City, Abu Dhabi’s flagship sustainable urban development. The competition was announced on Saturday during ADSW, which runs from January 12-21. The competition is seeking viable mobility solutions that respect the economic, ...

  Abu Dhabi / WAM Mansour Al Mansouri, Director General of National Media Council, stressed that 2016 was a breakthrough year for National Media Council (NMC) in terms of the implementation of many major initiatives, legislations, performance development strategies and services provided to stake holders. Al Mansouri said the various initiatives implemented last year were aimed at enhancing the standards of the ...

  Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), announced on Saturday the shortlist for the AED2.3 million Dubai Canvas 3D Art Award. A total of 25 artists have been chosen for the Award’s final round from 122 submissions. The shortlist features many of the luminaries of the 3D art world from across ...

  Abu Dhabi / WAM Abu Dhabi’s renewable energy company Masdar announced the winner of its fifth Engage Social Media Contest. This year’s winning post was submitted by Seva Karpauskaite from Kaunus, Lithuania. Her video, featuring the iconic Washington, D.C., monuments as a backdrop, explored the need to develop green structures that would allow clean technologies to expand and scale in ...