Bloomberg Christine Lagarde’s first day as the new president of the European Central Bank in Frankfurt protesters were brandishing a sign reading: “If the Earth was a bank you’d have long rescued it.” The march by some 150 people to the ECB’s headquarters — following a similar demonstration at the Bank of England last month — highlighted how technocrats tasked ...

Dubai / Emirates Business Under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), the International Desalination Association (IDA) concluded the 2019 World Congress that was hosted by Dewa at the Dubai International Convention and Exhibition Centre under the theme “Crossroads to Sustainability”. ...

DUBAI / WAM Dubai Silicon Oasis (DSO), the integrated free zone technology park, and Intel, the Silicon Valley-headquartered tech giant, on Saturday announced the launch of the new phase of “Intel Innovation Centre” that is directly aligned with the “Project Mustakbal”, an initiative that was revealed by Intel during the event and seeks to further accelerate the Middle East’s game-changing ...

Abu Dhabi / Emirates Business The 12th Medication Safety Conference 2019, organised by Synovetics, was held in Abu Dhabi, in collaboration with the American Society for Health System Pharmacists (ASHP) at the Dusit Thani Hotel. Around 800 participants attended the event that gathers renowned speakers in medication and patient safety from across the globe. The Medication Safety Conference delivers its ...

ABU DHABI / Emirates Business HE Falah Al Ahbabi, Chairman of the Abu Dhabi Department of Urban Planning and Municipalities (DPM), said the UAE Flag Day celebrations are a tribute of respect to our Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, who unified the Emirates 48 years ago. The event also reaffirms allegiance and respect to the ...

Sharjah / Emirates Business His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has said that Unesco’s selection of Sharjah as a ‘crafts and folk art’ city for the Creative Cities Network is a global endorsement of the emirate’s decades-long emphasis on bringing generations closer to their heritage and national identity, and carefully ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have launched a national project to create and design the UAE nation brand. His ...

ABU DHABI / WAM As part of the Ministry of Finance’s efforts to strengthen relations and develop financial and economic cooperation frameworks with other countries, Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met Steven Mnuchin, US Treasury Secretary, in Abu Dhabi. Mubarak Rashed Al Mansoori, Governor of the Central Bank of the UAE, and a number of ...

SOFIA / WAM A high-level United Arab Emirates delegation has concluded a successful trip to Bulgaria, with both nations agreeing to further advance bilateral relations. UAE Minister of State Ahmed Ali Al Sayegh led the high-level delegation to the Bulgarian capital Sofia in a bid to further develop bilateral cooperation in a number of fields. In meetings with Bulgarian counterparts, ...

Bloomberg America’s two biggest oil majors are leaning on booming shale production in the Permian Basin, the once-overlooked region in West Texas and New Mexico, to weather the gathering macroeconomic storm of lower oil demand, weak commodity prices and slowing global growth. Exxon Mobil Corp. said its production from the basin rose 70% in the third quarter compared with a ...