Dubai / WAM The Business Registration and Licensing (BRL), sector of the Dubai Department of Economic Development, DED, has issued 2,459 new licences in March 2019, a growth of 35.4 percent compared to March 2018 (1,816). According to the department, the new licences have created 9,661 jobs in the labour market. “Among the new licences issued, 58 percent were commercial, 39.3 ...

Bloomberg Petroleo Brasileiro SA agreed to sell its 90 percent stake in a natural gas pipeline unit to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion. Engie and Caisse prevailed after multiple rounds of bidding for the unit, known as TAG. It is the biggest-ever single asset sale for Petrobras, whose ...

Bloomberg Carlos Ghosn lashed out at Nissan Motor Co’s top ranks for playing “a very dirty game” by orchestrating his arrests in Japan and his ouster from its global alliance with Renault SA and Mitsubishi Motors Corp. Speaking in a video recorded before he was detained again, the former chairman of the three automakers said some Nissan executives conspired to ...