SHARJAH / WAM The Sharjah Investment and Development Authority (Shurooq) announced the launch of the development and redesigning project of Khorfakkan Beach. The project aligns with Shurooq’s strategy to integrate tourism and family destinations across the Emirate of Sharjah. The project includes the establishment of service facilities and world-class hospitality amenities to host recreational activities. This adds to the tourism ...

SHARJAH / WAM The 45th edition of the MidEast Watch and Jewellery Show will launch on Tuesday at Expo Centre Sharjah. The show’s activities will take place amidst the participation of more than 500 local and international companies and brands from 25 different countries. The show, to be held from October 2-6, offers a global platform to present the latest ...

ABU DHABI / WAM To build upon its commitment to bring together thought leaders from organisations across the world, the Organising Committee of the 24th World Energy Congress announced on Monday that the Arab Petroleum Investments Corporation (Apicorp) will actively support the 2019 Congress by becoming a Gold Sponsor. To further its ambition of becoming the trusted financial partner to ...

Bloomberg Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas. LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. ...

Bloomberg Oil extended gains in London after the longest quarterly rally in a decade as a slowdown in American drilling added to concern that supply losses around the world will lead to a tight market. Brent crude rose as much as 0.7 percent, after front-month futures climbed for a fifth straight quarter. As concerns over a global crunch due to ...

Bloomberg Bahrain’s credit risk declined to the lowest level in five months on optimism the nation’s neighbours will soon come to the island-state’s rescue with an aid package. The cost of insuring Bahrain’s debt against default fell 34 basis points last week on relief that Saudi Arabia, the United Arab Emirates and Kuwait were said to be considering a $10 ...

Bloomberg The Republic of Macedonia’s leader threatened to call snap elections next month if he fails to win support to change his country’s name after voters backed him in a referendum clouded by low turnout. The conflicted outcome of plebiscite sets the stage for a bruising battle ahead for Prime Minister Zoran Zaev, who’s pushing to settle a 27-year-old row ...

Bloomberg Nigerian President Muhammadu Buhari promised to end a deadly insurgency by Boko Haram militants, renewing a pledge he made ahead of his 2015 election as he seeks a second term. “There has been a steady improvement in the security situation in the northeast,” Buhari said Monday in a TV broadcast marking Nigeria’s 58th anniversary of independence from British rule. ...

Bloomberg An opponent of the construction of a new US Marine base on the southern Japanese island of Okinawa won election as governor, beating a candidate backed by Japanese Prime Minister Shinzo Abe’s ruling coalition. Denny Tamaki—the son of a US serviceman and a Japanese mother—claimed victory over Atsushi Sakima in the closely watched race. Tamaki opposes a government plan ...

Bloomberg Separatist campaigners targeted Catalonia’s transportation networks in protests held to mark the anniversary of an illegal independence referendum held a year ago. Protesters blocked the AP-7 highway at Vandellos, a town 140 kilometers (87 miles) south of the regional capital Barcelona, the Catalan Traffic Service said on its Twitter account Monday. The high speed train service from Figueres to ...