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  Bloomberg Royal Dutch Shell Plc, the world’s second-biggest oil company by market value, thinks demand for oil could peak in as little as five years. “Oil, we’ve long been of the opinion that demand will peak before supply,” Chief Financial Officer Simon Henry said on a conference call on Tuesday. “And that peak may be somewhere between 5 and ...

  Dubai / Emirates Business Dubai World Trade Centre’s (DWTC) November calendar of events is poised to attract more than 250,000 visitors out of which more than 50 percent are expected to be international visitors and exhibitors. The diverse line-up of over 20 events, including Gulfood Manufacturing – the region’s largest food and beverage processing industry event – promises broad-ranging ...

  DUBAI / WAM The UAE opens its doors to friends and brothers from other countries because it believes in the importance of communicating and holding talks with their governments, Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, said on Tuesday while receiving President of Belarus Alexander Lukashenko at ...

  Abu Dhabi / Emirates Business More than 300 high-level government representatives from 100 countries – the largest number ever represented at an IRENA Council meeting – gathered on Tuesday in Abu Dhabi to attend the 12th Council of the International Renewable Energy Agency (IRENA). At the outset of the meeting, IRENA’s Director-General Adnan Z. Amin, presented the annual report ...

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) in co-operation with Kazakhstan’s National Agency for Export and Investment (KAZNEX INVEST) and the Embassy of the Republic of Kazakhstan to the UAE, held the Kazakhstan Export briefing on Tuesday in a bid to explore potential for improving ties between Dubai and Kazakhstan across several sectors. These ...

  Dubai / WAM The Emirates Airline requested the authorities to take strong measures and impose penalties to discourage future occurrences of unauthorised drone activity, and also consider implementing drone detectors at the Dubai airport. The appeal was made by Adel Al Redha, Emirates’ Executive Vice President and Chief Operations Officer, who said, “Flight diversions and extensive holding are costly. Financial ...

  Arbil / AFP Elite Iraqi forces battled the IS group on the eastern edge of Mosul on Tuesday, with a top commander saying the “true liberation” of the extremist-held city had begun. Amid heavy fighting on the eastern front over the past two days, forces from Iraq’s US-trained Counter-Terrorism Service (CTS) had advanced into Gogjali, a village separated from Mosul ...

  Calais / AFP Initially caught off guard, Hillary Clinton’s campaign has swung between defiance, counter-attack and painting Donald Trump as a mortal danger since the FBI director revived her email scandal. The decision, announced by James Comey in a letter to lawmakers last Friday, initially dumbfounded Clinton and her allies, throwing what was already America’s ugliest presidential election into spasms ...

  Bloomberg China is seeking to build up export markets for its power amid signs the nation has invested too much in new generation plants. State Grid Corp. of China, which runs the majority of the nation’s electricity distribution network, is considering how to build links to India, South Korea, Japan and Southeast Asia, a move that would require billions ...

  Bloomberg A.P. Moller-Maersk A/S, owner of the world’s largest container line, said mergers like the combination of its three main Japanese rivals provide relief to an ailing industry that has been characterized by over-capacity. Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. said on Monday they plan to merge, giving them control of 7 percent ...