Dubai / EMIRATES BUSINESS Juma Al Majid, the sole distributor for Hyundai vehicles in the UAE is celebrating its win at the Wheels Car of the Year 2016. The All-New Hyundai Tucson was recognised as the best cross over at the gala event which was held at the Address Dubai Mall Hotel. The Awards ceremony was held to recognise excellence ...

Bloomberg Petroleo Brasileiro SA secured a $10 billion loan from the China Development Bank as the beleaguered state-owned oil producer endures the worst crude market in a generation and faces more than double that amount in maturities over the next two years. The lifeline is part of a deal to supply crude to the Asian country, Rio de Janeiro-based Petrobras ...

Emirates Business Gobi Coal & Energy (Gobi Coal) has announced its ongoing strategic initiative to expand across the energy resources value chain into hard coking coal, coking coal mine consolidation, and graphite and uranium development and mining both inside and outside of Mongolia. During 2015, Gobi Coal successfully completed a drilling program at its primary coking coal mine at Shinejinst. ...