Bloomberg Saudi Arabia’s state oil company will soon sign an agreement with a British oilfield services firm to explore building chemical facilities in Texas, according to people familiar with the matter. The agreement with TechnipFMC Plc involves a study for a potential chemical unit on the US Gulf Coast that would be able to produce materials used in gasoline and ...

Dubai / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum ordered a three-year extension of the deadline for building private residences on lands granted by Dubai Government to Emiratis. The extension starts the day following the date of the previous deadline. The order ...

Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, got first-hand knowledge about the ministry’s application of Artificial Intelligence (AI), technologies in the federal highways projects while touring the site of the Kalba Ring Road development project. The new technology is expected to ...

Abu Dhabi / WAM Abu Dhabi Global Market Courts (ADGM Courts), has announced the launch of the ADGM Courts ePortal. The eCourts platform revolutionises the delivery of civil and commercial judicial dispute-resolution services and transforms the way courts interact with litigants and the legal profession. Developed in partnership with Microsoft, the Integrated eCourt Platform provides a comprehensive, digital court record. ...

Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), highlighted its efforts to achieve sustainable development in the global healthcare sector as part of its ongoing priority to improve the health and well-being of individuals in developing countries. In a report issued by the Fund to mark World Health Day that falls on April 7, ADFD revealed that ...

Dubai / WAM The Board of Directors of the Roads and Transport Authority (RTA), in Dubai, chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, has endorsed contracts for the procurement of 316 multi-size buses. These buses are compliant with the European Emission Standards featuring Euro 5 and Euro 6 buses, for the first time ...

Dubai / Emirates Business The 2018 edition of AIM is taking place at the backdrop of global economic recovery. A number of global inspiring business and thought leaders will lead interesting discussions on investment trends, public-private partnerships, sustainability, investment promotion, cryptocurrencies, and sovereign wealth fund at the forthcoming Annual Investment Meeting (AIM) to be held at the Dubai World Trade ...

MUENSTER / Reuters A man drove a van into a group of people sitting outside a popular restaurant in the old city centre of Muenster in western Germany on Saturday, killing several of them before taking his own life, police said. “There are several dead,” a police spokeswoman said, adding that several of those injured were in critical condition. A ...

Bloomberg Brazil’s former President Luiz Inacio Lula da Silva said he will turn himself in to police, finally ending a tense stand-off with the authorities after he ignored a court-ordered deadline to begin a prison sentence. “I will comply with their order,” Lula said to a crowd of supporters gathered in front of his former union headquarters in a working-class ...

Dubai / Emirates Business A total of 513 new companies chose Jebel Ali Free Zone (Jafza), the region’s premier trade facilitator and hub as their operational base in 2017, reaffirming its position as a destination of choice for businesses. New companies represent a nine percent increase in Jafza’s portfolio compared with the 470 new companies that registered in 2016. The ...