Emirates Business Oman’s Ministry of Transport and Communications “MOTC” has signed an agreement with Emirates Classification Society, TASNEEF, authorizing it to inspect the small ships that are not abiding by the international conventions in GCC countries. The agreement will help ensure that all ships and vessels are compliant with the safety requirements of the GCC “GCC CODE”. The Emirates ...

  Bloomberg Iran hinted that it may soon drop its opposition to an oil-production freeze, with a senior official saying the OPEC member’s crude output is closing in on its pre-sanctions level and that limiting supply is “a political decision.” The Persian Gulf exporter is pumping 3.8 million barrels a day, approaching its daily target of 4 million barrels, Mohsen ...

  Emirates Business The Qatar Ministry of Culture and Sports has awarded the operation of two world-class arenas to ELAN Live Nation, a joint venture (JV) between ELAN Group, a diversified and fully integrated media and entertainment group in the Middle East, and Live Nation, the global leader in live entertainment. The JV will operate Lusail Multipurpose Arena in Lusail, ...