Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received Goktug Gur, President and CEO of Philips Lighting in the Middle East and Turkey; and Samir Al Aref, Commercial Director. During the meeting, Al Tayer welcomed the delegation, and explained DEWA’s work including its activities, development, and the continuous progress in its ...

Abu Dhabi / WAM The Board of Directors of the Sheikh Zayed Housing Programme on Wednesday approved housing support for 449 eligible Emiratis with a total value AED322 million. The housing support is part of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh ...

Dubai / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has upgraded to the latest international standards set by leading certifications firm International Standards Organization (ISO). The Dubai-based district cooling company has undergone rigorous evaluation and received the upgraded ISO9001:2015 certification for qualitymanagement and ISO14001:2015 for its environmental management system. ...

Bloomberg Homeowners in states with the highest property taxes are looking to prepay 2018 bills ahead of a $10,000 cap on the deduction for state and local levies, including property taxes, in the GOP tax overhaul President Donald Trump just signed. In New York, residents are peppering local officials with questions about how to prepay their 2018 property tax bills ...

Bloomberg / Emirates Business UK Prime Minister Theresa May refused to rule out running for another term in 2022 as she shrugged off suggestions that 2017 has been the worst year of her political career. The other 27 leaders in the EU agreed in December 2017 that “sufficient progress” had been made to allow Brexit talks to proceed to the ...

Bloomberg And just like that, the year in which we learned to live with late night Twitter rants from a US president, record-high stock prices and the bitcoin bubble comes to a close. As we enter 2018, steadily rising assets and diminishing volatility have become the norm, global growth remains strong, and optimism prevails across asset classes. Yet now isn’t ...

Bloomberg Grupo Aeromexico SAB is considering an order of Bombardier Inc. C Series jets, taking aircraft that would be available next year if US tariffs thwart deliveries to Delta Air Lines Inc., people familiar with the matter said. Mexico’s largest carrier is also considering short-range planes from Brazil’s Embraer SA and Japan’s Mitsubishi Aircraft Corp. instead, said the people, who ...

Bloomberg A lot can happen in a year—but 2017 was particularly eventful when it came to how we travel the world. The threats that loomed largest in 2016, Zika and the migrant crisis, faded into the rear-view mirror as talk of a United States travel ban and Brexit suddenly dominated global headlines. And that was just the beginning. Here are ...

Beijing / Reuters China will become the world’s second-biggest importer of liquefied natural gas (LNG) as it overtakes South Korea, shipping data in Thomson Reuters Eikon showed. This is a huge boost to Asia’s emerging spot market as Chinese buyers rely much more on short-term purchases to meet their needs than their counterparts in Japan and South Korea. Shipping data ...

Bloomberg Oil retreated from its highest close in more than two years amid low volume, even as a pipeline carrying crude to Libya’s export terminal was said to need a week for repairs following an explosion. Brent and West Texas Intermediate crude futures both slipped after the US benchmark rose 2.7 percent, breaching $60 a barrel for the first time ...