ABU DHABI / WAM The Emirates Authority for Standardisation and Metrology (Esma), announced that the UAE is currently developing a regional regulation for air-conditioning systems for energy consumption in the Gulf Cooperation Council (GCC), countries. According to Abdulla Al Maeeni, ESMA Director-General, this regulation will be in cooperation with the Gulf Standardisation Organisation (GSO), and will be inspired by its ...

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received on Sunday, Claudio Descalzi, CEO of Eni, Italy’s largest energy company, during which a long-term agreement in oil and gas exploration was signed. The agreement awards Eni three long-term concessions to explore and develop onshore oil and gas fields in ...

Abu Dhabi / WAM Nine UAE innovators have been selected as finalists in the Climate Innovation Exchange (CLIX) – a World Future Energy Summit initiative – and a platform that will be hosted by the Ministry of Climate Change and Environment (MOCCAE) during the Abu Dhabi Sustainability Week 2019. With nine innovations out of 48, these Emirati innovators represent around 19 ...

Abu Dhabi / Emirates Business The Abu Dhabi National Exhibition Company (Adnec) finished preparations as it prepares to host the World Future Energy Summit (WFES) to its halls from January 14 to 17. Serving as a platform where governments, corporations, entrepreneurs and investors can share knowledge and solutions to the world’s growing energy challenges, WFES 2019 expects over 850 exhibitors ...

Bloomberg Lawmakers are set this week to reject the Brexit deal Theresa May agreed with the European Union, plunging Britain deeper into crisis with less than 11 weeks remaining before Britain is due to leave the bloc. Writing in the Sunday Express newspaper, the prime minster made a last-ditch appeal, warning that defeat for the government on Tuesday would amount ...

Bloomberg Greek Prime Minister Alexis Tsipras will call a confidence vote in his government next week after key coalition partners withdrew their support over a spat over the name of neighboring Macedonia, increasing the risks or early elections. “We will immediately proceed with the process to renew the parliament’s support” for the government, Tsipras said after a meeting in Athens ...

Bloomberg US President Donald Trump said he “couldn’t care less” if details from his conversation with Russian leader Vladimir Putin were released. Trump was responding to a Washington Post report, which said he went to great lengths to hide details of his discussions with Putin. Trump took possession of his interpreter’s notes after a 2017 meeting in Hamburg and instructed ...

Bloomberg US Senate Minority Leader Chuck Schumer says he will force a vote next week on a measure to block the Treasury Department’s plans to lift sanctions on three Russian companies linked to oligarch Oleg Deripaska, who is reported to be under scrutiny by Special Counsel Robert Mueller in his probe of Moscow interference in the 2016 presidential election. Schumer’s ...

Bloomberg Tens of thousands of France’s Yellow Vest protesters rallied around the country again on Saturday as the movement tries to rebuild momentum after declining turnouts in recent weeks and as public support wanes. The ninth weekend of demonstrations came days before President Emmanuel Macron launches a national debate intended to dispel the anger exposed by the recent violent protests, ...

Bloomberg Many financial markets are already signalling that the US is more likely than not hurtling towards recession. But will they prove prescient or overly fretful? The prospect of a widespread yield inversion in the Treasury market, which has preceded US downturns for more than half a century, has generated the most alarm and is edging even closer to fruition. ...