Dubai / WAM Following the directive of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and as a step to reduce exorbitant wedding costs, the Ports, Customs, and Free Zone Corporation, PCFC, is holding its sixth mass wedding for 100 staff members under the theme “Emirates of Happiness” at the Grand Hyatt Hotel on May 25, with the participation …

Bloomberg Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses. Only 20 percent of the 287 onshore rigs operated by contractors for local and foreign explorers are at work, compared with 60 percent in 2012, accor- ding to Wargono Soenarko, chairman of the Indonesian …

Bloomberg Utility owner Southern Co. has agreed to take the lead on building two nuclear reactors at its Vogtle power plant in Georgia from bankrupt contractor Westinghouse Electric Co. as soon as next month. The Atlanta-based utility owner said in a statement that an interim contract with Westinghouse will be extended to June 3 while the companies finalize and gain …