Bloomberg As the Organization of Petroleum Exporting Countries (Opec) is set to start implementing its new six-month agreement to cut output, members responsible for most of the reductions have pledged to extend or even deepen it. Officials from Iraq, Kuwait and the United Arab Emirates (UAE) agreed with Saudi Arabia’s expectation that the group, along with Russia and other oil …

ABU DHABI / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan, sent a cable of condolences to President of Indonesia Joko Widodo on victims of tsunami that hit Sunda Strait beaches. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and HH Sheikh Mohamed bin Zayed Al Nahyan, Crown …

DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, has started the construction of a permanent district cooling plant in Barsha Heights. At a projected cost of AED169 million, the plant will have a total capacity of 31,250 refrigeration tonnes (RT). This is a part of Empower’s efforts to develop more areas and increase the operational efficiency of existing district …