Bloomberg The Organization of Petroleum Exporting Countries (Opec) and its allies have much work to do to balance global oil markets and are prepared to do what’s necessary in the second half, Saudi Energy Minister Khalid Al-Falih said. The 24-nation coalition known as Opec+ needs to “stay the course” until June as its job is nowhere near complete in terms ...

DUBAI / Emirates Business Global trade enabler DP World has selected the Infor GT Nexus Commerce Network as the technology backbone to power its global supply chain platform initiative. DP World’s objectives for strategic growth require innovative logistics digitalisation capabilities to power a new business initiative that will extend the value of its port and trade facilitation services to customers ...

SHARJAH / WAM Gulftainer, a privately owned independent port operator, welcomed the MV Port Klang from Sunmarine Shipping Services on a maiden call at its gateway flagship Sharjah Container Terminal (SCT). The vessel is one of the shipping group’s fastest services between the Indian subcontinent and the UAE. The MV Port Klang offers the fastest direct express service between Sharjah’s ...

Dubai / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has achieved total electricity savings of 1160 MW, worth AED 3 billion, in 2018 “As per its vision, Empower adopts an integrated strategy that contributes in raising customers awareness about conservation of energy. We thrive to reduce energy consumption and protect the environment ...

Dubai / Emirates Business The recently concluded DSF promotion of Al Habtoor Motors was a grand success. During the final draw held in Dubai and Sharjah 5 winners names were declared with each winning a brand new Lancer EX sedan. This year Mitsubishi customers had great reasons to celebrate their buy with exciting great value deals on the entire range ...

ABU DHABI / WAM A tourism delegation led by the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, visited Kuwait to boost awareness about the emirate and increase inbound tourism from the GCC country. The delegation, which included partners; Etihad Airways and Experience Hub, visited Kuwait City to host a roadshow at the Radisson Blu hotel. Participating ...

DUBAI / WAM Dubai Asset Management announced the rollout of phase one of the first fully digital and paperless property rental experience in partnership with Smart Dubai. The smart solution is accessible via DubaiNow, a comprehensive platform available as a website and a mobile app that integrates the services of government and private sector partners. The move aligns with the ...

Abu Dhabi / WAM The UAE’s Hamda Al Hosani will have to make room for another medal in her cabinet after winning gold in the 200m final at Special Olympics World Games Abu Dhabi 2019. At Dubai Police Stadium on Sunday, the 30-year-old sprinter crossed the finish line in an impressive time of 32.14 seconds. Canada’s Eva Bell, who crossed ...

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC), provided new batches of food aid to the residents of Wadi Yebaith, Wadi Hawl and Al Ghamssah in Yebaith District, Hadramaut. The aid included the distribution of 1,300 food parcels weighing 104,910 tonnes, to assist 6,500 underprivileged individuals. The number of food parcels distributed by the ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Ashraf Ghani of Afghanistan, discussed bilateral ties between the two friendly nations, and means to advance cooperation between them. Sheikh Mohamed bin Zayed welcomed the visit of the Afghan President and his ...