Bloomberg The largest Persian Gulf producer that’s not an Opec member is combining state-run oil investment and refining companies to form a business that spans pumping crude and natural gas to processing and trading fuels. Government-owned Oman Oil Co and Oman Oil Refineries & Petroleum Industries Co (Orpic) named Musab Abdullah Al Mahruqi as chief executive officer of the merged ...

Conakry / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed the construction of the $1.5 million Mobile Training Unit. Aiming to enhance the employability of young Guineans in Boke, one of the country’s resource-rich provinces, the Mobile Training Unit falls in-line with the national priorities outlined by the Guinean government. ...

Dubai / Emirates Business The largest construction event in the Middle East, The Big 5, returns with a brand new look and mission to the Dubai World Trade Centre (DWTC) from November 26-29. Under the theme “Shaping the Future of Construction”, the 39th edition of The Big 5 will introduce never seen before technologies and innovative solutions, organisers dmg events ...

Los Angeles / Emirates Business dnata, one of the world’s largest air services providers, continues to expand in the United States. The company has launched operations at Los Angeles International Airport and now provides quality and reliable ground handling and cargo services at 20 airports in the country. To establish operations in Los Angeles, dnata has invested $8 million in ...

Dubai / Emirates Business As part of its efforts to provide modern services and ensure customer satisfaction, Dubai Land Department (DLD) announced a new development through the completion of ‘The Development Initiative’ for the lease self-registration service by adding new services to the Ejari smart application. Sultan Butti bin Mejren, Director General of DLD, said: “This step is important in ...

SHARJAH / WAM Over 500 business leaders and 30 industry experts, chief executives and decision-makers representing the region and the world will lead discussions at the fourth Sharjah FDI Forum. Taking place on December 10-11 in Sharjah, under the theme, ‘Shaping the Future of Economies’, the Forum will see global experts cover corporate investment strategies, expansion opportunities, and explore the ...

Bloomberg Russia levied new charges against US-born investor and Kremlin critic Bill Browder, stepping up a quest that has gotten little traction in the West with a call to the US to investigate claims shareholders in his fund used illegal profits from Russia to fund contributions to the Democratic Party. Once one of the country’s largest foreign fund managers, Browder ...

Bloomberg Protests against gasoline taxes in France continued for a third day on Monday with sporadic actions around the country, according to media reports. Depots near Rennes, La Rochelle, and Marseille were being obstructed, France Bleu radio reported. A highway to Belgium, as well as highway stretches near Belfort in the east and Lyon in the south were also being ...

Bloomberg Nigerian President Muhammadu Buhari’s chances of winning re-election in February are facing a potentially insurmountable hurdle: widening divisions in his own party. Dissatisfied party heavyweights range from his wife, Aisha Buhari, who called on members to “rise against impunity” after her brother lost a gubernatorial nomination, to three influential state governors whose chosen successors failed to win party primaries. ...

Bloomberg Theresa May said a challenge to her leadership would be a distraction from negotiating with the European Union, and that any new prime minister would face the same issues she does, as she urged Parliament to back her Brexit deal as the only offer available. May is in the midst of the toughest week of her difficult premiership. Her ...