News

  Ajman / Emirates Business Reiterating their commitment towards providing seamless consumer experiences ranging from state-of-art pipeline and water treatment solutions to facilitating remote interactions with its customers, Ajman Sewerage Private Company Limited (ASPCL) announced strong growth in user-base for its brand new Mobile Application and E-Payment website that was launched mid-October last year. This free application has been made ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC) won a strategic bid to host nine new international congresses at the venue from 2017 – 2021, adding to its already robust calendar of confirmed events over the coming years. Expected to welcome over 24,000 delegates from around the world, these high-profile events are set to deliver a solid economic ...

  Abu Dhabi / emirates business The Abu Dhabi Systems and Information Centre (ADSIC) announced the winners of its Excellence Award 2016 ‘Tamayuz’ – an internal competition for employees, projects, and teams – in a ceremony held at the Centre’s headquarters. The awards ceremony, which was organized recently, was attended by His Excellency Rashed Lahej Al Mansoori, Director General of ...

  Bloomberg President Donald Trump’s energy policies are good for the petroleum industry and Saudi Arabia sees no problem with growth in US oil production as long as it’s in line with demand, Saudi Energy Minister Khalid Al-Falih said. “President Trump has policies which are good for the oil industries,” Al-Falih said in an interview with the BBC. “He has ...

  Bloomberg Prime Minister Narendra Modi offered tax cuts and boosted spending on some of India’s poorest citizens hurt by his cash ban as he seeks to shore up support before pivotal state elections. The budget shortfall is forecast to be 3.2 percent of gross domestic product in the year starting April 1, Finance Minister Arun Jaitley told lawmakers in ...

  Bloomberg Japan’s biggest electricity wholesaler knows it’ll take more than cutting-edge coal technology to save the environment. Electric Power Development Co., known as J-Power, is looking to build its first major power plant that burns natural gas near cities such as Tokyo as well as use more woody biomass instead of fossil fuels, Executive Officer Hitoshi Kanno said. That’s ...

  Bloomberg China’s official factory gauge started the new year on a robust note, giving policy makers a buffer to transition to neutral policy settings as they prepare for potential trade tensions with a Donald Trump-led White House. Manufacturing purchasing managers index was 51.3 in January, compared with a median estimate of 51.2 in a Bloomberg survey of economists and ...

  Bloomberg India is planning to create a state-owned oil giant through mergers to match the might of international companies and billionaire Mukesh Ambani’s Reliance Industries Ltd. “We see opportunities to strengthen our central public-sector enterprises through consolidation, mergers and acquisitions,” Finance Minister Arun Jaitley said in Parliament while presenting the federal budget for the year beginning April 1. “It ...

  Bloomberg World leaders aren’t taking Donald Trump’s trade barbs lying down. After the US president said Germany and Japan are gaming foreign-exchange markets to win favorable trade terms, Japanese Prime Minister Shinzo Abe joined German Chancellor Angela Merkel on Tuesday in pushing back and leading a global counter-charge to the accusations. “A massive clash is starting to emerge with ...

  Bloomberg Apple Inc. is considering taking legal action against an executive order signed by US President Donald Trump that halted entry by persons from seven predominantly Muslim countries, the Wall Street Journal reported, citing Chief Executive Officer Tim Cook as saying. America’s largest corporation will continue to press the White House to reverse the order, Cook told the newspaper ...