Dubai / Emirates Business Dubai Trade, the technology-driven trade solution for global trade enabler DP World, has shortlisted nominees for its 10th E-Services Excellence Award (ESEA). In its 10th year, the Award is the first of its kind in the region to recognise organisations for adopting smart services in trade, shipping and logistics. Sultan Ahmed bin Sulayem, DP World Group ...
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Al Habtoor launches all-new Mitsubishi Eclipse Cross in UAE
Dubai / Emirates Business The all-new 2018 Eclipse Cross is a fusion of sharp coupe looks and dynamic SUV mobility with signature Mitsubishi styling, technology and driving confidence. It joins the formidable line-up of the other popular Mitsubishi SUVs like the legendary Pajero, Montero Sport, Outlander and the ASX. The Eclipse Cross contains many all-new features including a 1.5-liter direct-injection ...
Read More »Arjaan by Rotana records 80% occupancy in 2017
Dubai / Emirates Business Arjaan by Rotana, Dubai’s finest hotel apartments located in Media City, announced the conclusion of its annual GCC roadshow across key markets in the region. Members of the top travel trade, full delegation of Arjaan by Rotana, top government and corporate companies present at the roadshow were informed on the most recent developments at the hotel. ...
Read More »Pence says US ready for North Korea talks in major policy shift
Bloomberg The US is ready to engage in talks about North Korea’s nuclear program even as it maintains pressure on Kim Jong Un’s regime, Vice President Mike Pence said, signaling a shift in American policy. Pence and South Korea’s President Moon Jae-in agreed to pursue dialogue with North Korea during conversations at the Winter Olympics in Pyeongchang, the Washington Post ...
Read More »Zuma’s D-Day nears as Ramaphosa promises ANC power transition
Bloomberg South African President Jacob Zuma’s fate is set to be sealed when the top leadership of the ruling African National Congress meets to conclude the transition to a new administration. The National Executive Committee was expected to assemble on Monday in the capital, Pretoria, as Zuma, 75, has defied growing pressure to resign since his deputy, Cyril Ramaphosa, replaced ...
Read More »Israel says US not in Syria ‘game’ as Russia seen dominant
Bloomberg Israel is counting on Russian President Vladimir Putin to keep confrontations with Iran and Syria from spiraling into war as the Trump administration mostly watches from the sidelines, a senior aide to Prime Minister Benjamin Netanyahu said. “The American part of the equation is to back us up,†but the US currently “has almost no leverage on the ground,†...
Read More »May starts drive to end Tory civil war over Brexit
Bloomberg Conservatives’ infighting over how to engage with the rest of a united Europe has helped bring down the party’s past three prime ministers. Now, Theresa May has given her government a few weeks to forge a position—and flesh out details—they can all get behind as the UK negotiates its way out of the European Union. With interlocutors in Brussels ...
Read More »Merkel defies critics saying she’ll serve another full term
Bloomberg German Chancellor Angela Merkel said she’s determined to serve another full term, rebuffing party critics who say she sold out to the Social Democrats to extend her 12 years in office. Faced with a backlash against last week’s coalition agreement and calls by some in her Christian Democratic Union to start thinking about a successor, Merkel defiantly brushed aside ...
Read More »Shale surge won’t thwart plan to clear glut, says OPEC president
Bloomberg Surging output of US shale oil won’t be a “huge distorter†of efforts by global crude producers to clear a glut, according to OPEC’s president. The market should re-balance this year, given robust demand and producers’ compliance with their pledges to curtail supply, United Arab Emirates Energy Minister Suhail Al Mazrouei, currently the president of OPEC, said on Monday ...
Read More »Booming Asian gas demand ripples all the way to Norway
Bloomberg Asia’s rapacious thirst for liquefied natural gas is sucking supplies from surprising places. China to Japan and South Korea are paying top dollar for the super-chilled fuel. The pull is so strong that Norway’s Statoil ASA, which usually exports most of its LNG to Europe, is shipping a rare cargo east. It plans to send more. Asia gets most ...
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