Abu Dhabi / Emirates Business RSA Conference, the world’s leading information security conference and exposition, announced the agenda for this year’s event, which includes a dynamic offering of thought-provoking keynotes and engaging sessions. The conference will be held from November 7-8 at Emirates Palace Hotel, with the support of the Telecommunications Regulatory Authority (TRA). In its third year, the conference ...
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ADT hits 3mn hours without LTI
Abu Dhabi / Emirates Business Abu Dhabi Terminals (ADT), operator and manager of the Khalifa Port Container Terminal (KPCT) is celebrating 3 million hours without LTI (Lost Time Injury). As a remarkable milestone of work safety indicator, this achievement, showcases ADT’s continued commitment to the health and safety of its employees and operating environment. Maintaining a zero-accident work environment, with ...
Read More »â€˜Women of Wisdom’ forum launched
Dubai / Emirates Business Curtin University Dubai launched its first Women of Wisdom forum at Capital Club in Dubai International Financial Centre. The forum, inspired by women for women, allows for an exchange of ideas and discussion on industry best-practice, and will build a community of strong female leaders. The forum featured a panel discussion titled ‘Flexible Careers and Critical ...
Read More »OPEC oil output climbed in Sept as Libya, Nigeria recover
Bloomberg OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization of Petroleum Exporting Countries was 32.83 million barrels a day in September, a gain of 120,000 barrels a day from August, according to a Bloomberg News survey of analysts, oil companies and ship-tracking data. Production in Libya, which along ...
Read More »BHP gearing up to start drilling for oil in Mexico’s deep waters
Bloomberg BHP Billiton Ltd. is getting closer to drilling its first oil wells in Mexico’s deep waters. The Australian mining giant, which last year won rights to partner with state-owned Pemex in the Gulf of Mexico’s Trion field, hopes to have a drilling rig contracted this year and to spud two wells in the second half of 2018, Steve Pastor, ...
Read More »Saudi’s Savola in talks to buy confectionery maker for $300mn
Bloomberg Savola Group, Saudi Arabia’s largest food products company, is in talks to buy sweets and confectionery maker Sanabel Al-Salam in a deal worth $300mn, sources said. Savola, which owns supermarket chain Panda, is keen to increase the quality and variety of its sweets offering, said the sources, who declined to be named as the matter was not public. Talks ...
Read More »Shell seeks sale of stake in $1.4bn wind farm
Bloomberg Royal Dutch Shell Plc and its partners Eneco Holdings NV and Mitsubishi Corp. are seeking to sell a stake in two Dutch offshore wind-farm projects that may cost $1.4 billion to develop, two people familiar with the plan said. The companies are looking to reduce their ownership in the Borssele III and IV wind farms by as much as ...
Read More »Investcorp eyes businesses linked to Aramco, Saudi healthcare
Reuters Bahrain-listed Investcorp aims to invest in companies that support oil giant Saudi Aramco and is also eyeing healthcare and education assets being sold in Saudi Arabia’s privatisation drive, its executive chairman said. The private equity and alternative asset firm, which has offices around the world, aims to more than double investments to $50 billion in five years by expanding ...
Read More »In oil-thirsty India, refiners lend unlikely help to gas
Bloomberg A push to use more natural gas by the world’s fastest-growing oil guzzler is getting a boost from an unlikely source: the nation’s gasoline and diesel makers. India’s top three state-owned oil refiners are planning to use their gasoline and diesel fuel outlets to sell compressed natural gas for vehicles, increase investments in city-gas distribution projects and expand use ...
Read More »TCS defends US visa use in anti-white worker bias case
Bloomberg As India’s Tata Consultancy Services Ltd. is squeezed by the Trump administration to reduce the use of overseas workers for US jobs, the information technology outsourcing giant is also fighting claims in court that its hiring practices are anti-American. TCS, Asia’s largest software maker, and Infosys Ltd., a rival Indian outsourcing firm, are both embroiled in civil rights lawsuits ...
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