Bloomberg Saudi Arabia’s Energy Minister Khalid Al-Falih agreed in a meeting in Baghdad on joint coordination with Iraq to achieve more stability in the oil market, Iraqi Oil Ministry spokesman Asim Jihad said by phone. Al-Falih flew into Baghdad for a meeting with Iraqi Prime Minister Adel Abdul Mahdi ahead of talks between Opec and its allies in Abu Dhabi ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) awarded contract worth AED288 million to construct two rectangular, reinforced, concrete 60-million-gallon reservoirs in Al Nakhali. This will hold 120 million gallons of desalinated water to increase Dubai’s storage capacity to 1,010 million gallons. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, “This project supports directives of HH Sheikh ...

Dubai / WAM Businesses in Dubai displayed a brighter outlook for the months ahead with stronger sales and revenues expected due to new projects and seasonal increase in tourist arrivals. The quarterly business survey of the Department of Economic Development (DED) also showed that more than 88% of the businesses foresee stronger or stable results throughout the rest of the ...

Dubai / WAM The Sharjah Chamber of Commerce and Industry (SCCI), discussed ways to develop economic relations with Hungary, as well as enhance bilateral cooperation and mutual exchange in different sectors between the business communities. The discussions took place during a business forum that was organised by the Chamber at its headquarters, in presence of Waleed AbdelRahman BuKhatir, Second Vice ...

Dubai / Emirates Business DP World, UAE Region has been recognised for its significant contribution to the UAE’s trade and outstanding performance by winning the Port and Terminal Operator Award at the prestigious Seatrade Maritime Middle East Awards. The Award was received by Abdulla Bin Damithan, Chief Commercial Officer, DP World, UAE Region at a gala ceremony in the presence ...

DUBAI / Emirates Business Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with the Registration Authority of Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) in Abu Dhabi. The MoU was signed by HE Sultan Butti bin Mejren, Director General of DLD, and Dhaher bin Dhaher Al Mheiri, CEO of the ADGM Registration Authority. Bin Mejren ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority (ADFCA), the ninth edition of SIAL Middle East, the exclusive regional food, beverage and hospitality trade event, will run from December 10-12 at the Abu Dhabi National Exhibition ...

Dubai / Emirates Business Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, Ruler of Dubai, Annual Investment Meeting (AIM), the premier event in foreign direct investment in the Middle East and North Africa, has launched the preparatory actions for its 9th edition on April 8-10, 2019 in Dubai. In ...

Bloomberg As world leaders commemorate a century since the war that was supposed to end all wars, a conflict on Europe’s eastern periphery is getting more deeply entrenched. The breakaway region of Donbas in eastern Ukraine will hold elections on Sunday, the same day as the World War I Armistice event in Paris. Separatists backed by Russia are seeking to ...

Bloomberg Bangladesh will go to the polls on December 23 amid increasingly bitter tensions between the ruling Awami League and the opposition alliance, with Prime Minister Sheikh Hasina looking to extend her nearly 10-year rule. Chief Election Commissioner K.M. Nurul Huda announced the election road map despite opposition calls to defer the poll until their leader, former prime minister Khaleda ...