Bloomberg Sony Corp. recently released two new versions of its PlayStation 4 gaming consoles: the PS4 Pro, a powerful device designed to run virtual reality games and display high-quality video, and a slimmer, more efficient version of the PS4, an incremental improvement on the original, which was first released in November 2013. The PS4 Pro will go on sale …

ABU DHABI/ WAM Market capitalisation of the Abu Dhabi Securities Exchange (ADX) reached AED441 billion during the first eight months of 2016, registering an increase of AED30 billion in the market value of shares of listed companies. Rashid Al Baloushi, CEO of ADX, noted that the increase in market capitalisation is a result of the positive performance of its listed …

  FUJAIRAH / WAM The UAE’s first berth for very large crude carriers (VLCC) will be inaugurated in the Indian Ocean sea port of Fujairah on Wednesday, September 21, by H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah. Fujairah’s oil terminal, considered the world’s largest bunkering facility in terms of operational capacity, is set …