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IUCAS team visits Sharjah Municipality’s Food Lab

  Sharjah / WAM Sharjah Municipality received a delegation from the British Accreditation Authority (IUCAS). The delegation visited the Central Laboratories of the municipality and reviewed the procedures of the food laboratory in analysing the various samples as part of the procedures of renewing the annual international accreditation of the laboratory for more than 18 years. Dr. Sheikha Rasha Al Qasimi, ...

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Statoil shares surge after quarterly profit up tenfold

  Bloomberg Statoil ASA, Norway’s biggest oil and gas producer, rose the most in five months after first-quarter profit climbed on higher output amid recovering crude prices and as it deepened cost cuts to emerge from a downturn that has battered the industry for more than two years. The shares rose as much as 3.7 percent, the most since December ...

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Central bank to keep its stake as Kazakh oil major plans IPO

  Bloomberg The era of quantitative easing and emergency measures has left central banks with trillions in assets. In the case of the National Bank of Kazakhstan, it ended up with 10 percent in the country’s state oil company. Even as KazMunayGas National Co. prepares an initial public offering by 2020, the central bank will “stay a shareholder” and the ...

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