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Transco inks pact to become TAG member

Abu Dhabi / WAM Abu Dhabi Transmission and Despatch Company (Transco), an ent- ity of the Department of Energy, Abu Dhabi, on Tuesday signed an agr-eement with the ISLE Group to be the first official member of the Technology Approval Group (TAG) in the UAE. TAG, launched in the UK 15 years ago, is a forum that brings together water ...

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Consumer confidence increases 54% in UAE

DUBAI / Emirates Business Consumer confidence in the UAE rebounded in the fourth quarter of 2018, as residents absorbed the impact of VAT and high expenses incurred over the summer. That’s according to the consumer confidence tracker Q4 2018 from yallacompare, the Middle East’s leading comparison site for financial products. During the fourth quarter of 2018, the tracker polled more ...

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Oil gains as US stockpiles drop, China plans tax cuts

Bloomberg Oil rose amid estimates of another decline in US crude inventories and signs that China is stepping up efforts to combat an economic slowdown. Futures in New York climbed as much as 3 percent after sinking during the past two sessions. American stockpiles probably fell for the sixth time in seven weeks, according to a Bloomberg survey of analysts ...

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