ASTANA / WAM Ministers and high-level officials from 85 countries have sent a strong signal in a statement adopted at the Ministerial Conference during the Eighth International Forum on Energy for Sustainable Development, which has opened in Astana, Kazakhstan. Seven voluntary actions in the Ministerial Declaration outline ways to accelerate the transition to a sustainable energy system, from establishing national …

DUBAI / Reuters Abu Dhabi’s Dana Gas said it would propose restructuring $700 million of outstanding Islamic bonds on Tuesday to a committee of holders of the sukuk, which it said was not sharia-compliant. “The company has recently received legal advice that the sukuk in its present form is not sharia-compliant and is therefore unlawful under United Arab Emirates law,” …

Dubai / Emirates Business Businesses across the UAE are scrambling to hire new talent for their rapidly changing IT needs, brought about by the consumer shift to mobile, evolving web technologies and increasing cyber threats, according to a study of the UAE’s IT job market just released by GulfTalent, one of the largest online recruitment portals in the Middle East. …