News

  Abu Dhabi / Emirates Business Making strategic long-term investments, and pooling knowledge and resources from within the oil and gas industry is central to energy sector progress, said senior officials and world representatives at a recent gathering in Abu Dhabi for members of the prestigious Middle East Petroleum Club (MEPC). Guests at the MEPC ‘Al Multaqa’ event were given ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) organised a Creativity Lab workshop, with the theme ‘Partnership for the Future,’ which was attended by strategic partners. This is part of DEWA’s efforts to enhance and support strategic partnerships with the public and private sectors. The workshop was held to strengthen ongoing cooperation with partners to achieve sustainable development in ...

  Los Angeles / Emirates Business Etihad Aviation Group (EAG) and its equity partner airlines will support 108,000 jobs across the USA in 2016 and make a US$10.7 billion contribution to the national economy this year, demonstrating a significant impact in one of the world’s largest economies, according to a leading global consultancy. The diversified and commercially driven Abu Dhabi-based ...

  Abu Dhabi / WAM The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Monday that it has awarded the main construction contract for Jawaher Saadiyat to Al Jaber Building LLC, following a competitive tendering process. The contract is valued at AED 370 million and the project is on ...

  Abu Dhabi / Emirates Business Masdar Institute of Science of Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, on Monday announced that it is organizing a two-day course in electrochemical engineering focused on ‘Batteries and Fuel Cells’ for members of the Young Future Energy Leaders (YFEL) program. The course, to be led by Dr ...

  London / AFP Scottish First Minister Nicola Sturgeon on Monday warned Britain was heading for a “hard” exit from the European Union against Scotland’s wishes, which could pave the way for independence. In a speech in Edinburgh, the Scottish National Party (SNP) leader cited continuing access to the EU single market and maintaining freedom of movement with the bloc ...

  London / AFP British Prime Minister Theresa May on Monday promised a “practical solution” on the Irish border after Britain leaves the European Union in a bid to allay fears about a return to tough checks. She spoke on her first visit since taking office to Northern Ireland, which has what would become the United Kingdom’s only border with ...

  Philadelphia / AFP Republican Donald Trump has drawn level with and even surpassed his White House rival Hillary Clinton as the billionaire enjoys a surge after his party’s nominating convention last week, polls showed Monday. Post-convention bounces are expected for a US presidential candidate who has been in the media spotlight for a solid week. But the surge is ...

  Bloomberg Hillary Clinton’s campaign manager insisted that Democrats are unified as they kick off their nominating convention amid the ouster of Democratic National Committee chairwoman Debbie Wasserman Schultz and said he is “very confident” Bernie Sanders will deliver a rousing speech Monday night in support of the nominee. Speaking at a Bloomberg Politics breakfast on Monday in Philadelphia, Robby ...

  Bloomberg Brazil’s real joined a slide in emerging markets on Monday as policy makers intervened to weaken the currency and economists cut economic forecasts amid uncertainty on budget plans. The real weakened 0.5 percent to 3.2736 per dollar at 10:22 a.m. after the monetary authority placed 10,000 reverse currency swaps, equivalent to buying $500 million in the futures market. ...