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US, Mexico reach new deal to revamp Nafta

Bloomberg Donald Trump has signed off on a bilateral agreement with Mexico to revamp the North American Free Trade Agreement, according to three people familiar with the matter. “A big deal looking good with Mexico!” Trump tweeted earlier on Monday. There is no deal reached yet with Canada, the people said, which has been on the sidelines of the talks ...

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UAE gets IAU membership

SHARJAH / WAM HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday, announced that the UAE has been an active member of the second category of the International Astronomical Union (IAU) represented by the Sharjah Centre for Space and Astronomy at the University of Sharjah. The membership was presented at General Assembly ...

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Saudi grants 40-year concession to state oil company Aramco

Bloomberg Saudi Arabia has granted its state-owned oil company a 40-year concession to exploit the kingdom’s hydrocarbon reserves as part of Aramco’s preparation for a potential initial public offering, a person familiar with the matter said. The pact replaces norms dating in some cases from 1933, when the kingdom first agreed to let companies drill for oil there, the person ...

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