ABU DHABI / Emirates Business The Ministry of Climate Change and Environment (MOCCAE), signed MoUs with Dubai Police, the Telecommunications Regulatory Authority (TRA), and Dubai Municipality (DM), on stepping up coordination in combating illegal trade in endangered species in the UAE. Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, and Major-General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai …

Bloomberg Siemens AG Chief Executive Officer Joe Kaeser said he’s plann- ing sweeping cuts at the German engineering company’s power-and-gas business, setting the stage for a turnaround plan aimed at tackling weak orders and a sharp drop in profit. The unit, which is suffering from a steady decline in demand for large turbines used in power plants, will be “reshaped …

KHOBAR / Reuters Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive of the state oil company told Al Arabiya Television channel. “Preparations are proceeding to the fullest extent for listing in 2018,” Amin Nasser told the channel in an interview …