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German insurer Talanx eyes forex headwind challenge in 2016

  FRANKFURT / Reuters Sharp swings in foreign exchange rates could weigh on results at German insurer Talanx’s international retail business this year, the division it is counting on for near-term growth, according to board member Torsten Leue. “Foreign exchange swings in many emerging markets were stronger than expected over the last three to four years,” said Leue, who is ...

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Mohamed inaugurates world’s largest ultra-sour gas project

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, officially inaugurated, on Tuesday, ADNOC’s Al Hosn Sour Gas Development Project, the largest of its kind in the world. Sheikh Mohamed was accompanied by HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative ...

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VP issues decree to form DNEC

  DUBAI / WAM Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai, issued Decree forming the Dubai Nuclear Energy Committee (DNEC). Decree No (15) of 2016 amends Article (1) of Decree No (26) of 2009 on the Establishment of the Dubai Supreme Council of Energy. ...

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