Dubai / Emirates Business The third edition of the annual UAE-India Economic Forum (UIEF) will be staged in Dubai on November 8 and 9, aimed to explore bilateral economic and commercial relations between the two countries to the next level. The UIEF is supported by the UAE Ministry of Economy and endorsed by UAE International Investors Council, UAE – India …

ABU DHABI / WAM Abu Dhabi Transmission and Despatch (TRANSCO), a subsidiary of the Abu Dhabi Water and Electricity Authority (ADWEA), launched a package of new expansion projects in the emirate of Abu Dhabi and the northern region, at a total cost of AED359 million. Abdullah Ali Musleh Al Ahbabi, Chairman of the ADWEA Board of Directors, said the projects …

KHOBAR / Reuters Crown Prince Mohammed bin Salman on Saturday reiterated Saudi Arabia’s readiness to support the extension of a global oil production cut agreement. “The Kingdom affirms its readiness to extend the production cut agreement, which proved its feasibility by rebalancing supply and demand,” the crown prince said in a statement. “The high demand for oil has absorbed the …