Ras Al Khaimah / Emirates Business Global property expert Select Property announced the first phase of completion for Pacific, its AED 1.1 billion purely residential project in the UAE. Pacific occupies a prime location on Ras Al Khaimah’s man-made Al Marjan Island, said to be the northern emirate’s version of Dubai’s Palm Jumeirah. It marked the occasion by inviting …

  Bloomberg Algeria’s energy minister supports extending global oil production cuts to the end of the year as the strategy is succeeding in reducing global inventories. Russia is moving ahead with its own reductions to curb a global glut. “We are making progress in balancing the market,” Algeria’s Noureddine Boutarfa told reporters Saturday as ministers are meeting in Kuwait City …

  ABU DHABI / WAM Abu Dhabi General Services Company ‘Musanada’ announced that it has finalized redrafting service provider contracts as part of its efforts to meet sustainability criteria for government resources and assets, that aligned with the objectives of Abu Dhabi Plan related to achieving highest government resource and asset sustainability standards by implementing best international standards related to …