Abu Dhabi / Emirates Business Yas Waterworld, the world’s only Emirati-themed waterpark has been recognized for its commitment to excellence in all areas of operation. Adding to its already impressive list of accolades, Yas Waterworld won awards bestowed by independent awarding bodies on a global and national level, including the Mother, Baby & Child Awards 2016 and TripAdvisor. The ...

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) hosted the United Nations/United Arab Emirates high level forum: “Space as a Driver for Socio-Economic Sustainable Development”, which was organized by the United Nations Office for Outer Space Affairs (UNOOSA) in conjunction with the UAE Space Agency. Under UNOOSA’s leadership, the forum delivered concrete recommendations in the form ...

Dubai / Emirates Business dubizzle Motors, the UAE’s leading motors marketplace, launches its all-new Sell It For Me service in partnership with Expat Wheels, providing users a streamlined and hassle-free car selling experience. Conceptualised with the busy UAE resident in mind, dubizzle now offers users an end-to-end car selling solution in partnership with Expat Wheels, a 20+ year old car-trade ...

  Abu Dhabi / Emirates Business The first race of the 2017 Red Bull Air Race calendar in February will be a celebration of milestones for the official World Championship: the tenth season of competition, the tenth consecutive opener in Abu Dhabi and the diamond 75th race for the coveted title. As a first-time world champion from Germany begins the ...

  Bloomberg Oil prices boosted by global output reductions will be capped because of new supply before long, according to Goldman Sachs Group Inc. The cuts by OPEC members and nations outside the group, as well as strong demand growth, will probably help curb inventories by next summer, analysts including Damien Courvalin said. While the bank raised its oil-price forecasts ...

  Bloomberg For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing. With oil inventories at Cushing creeping near an all-time high, US benchmark futures prices are struggling to advance despite the promised production cuts agreed to by OPEC, Russia and other producers. And the storage tanks are likely to stay full as refiners park ...

  Bloomberg Libyan oil-facility guards prevented two of the country’s biggest fields from resuming production, days after the National Oil Corp. reached an agreement to restart operations there to boost output in the politically divided OPEC state. The El Feel, or Elephant, and Sharara fields still aren’t operational after they were shut more than a year and a half ago, ...

  Bloomberg Anglo American Plc’s De Beers will flood a massive diamond mine located beneath a subarctic lake in Canada’s Northwest Territories after failing to find a buyer. De Beers will begin inundating tunnels at its Snap Lake mine in early January, it said in a statement distributed recently. In April, it put the site on care and maintenance, saying ...

  Bloomberg Vale SA is betting on the world’s biggest iron-ore project as a way to become more competitive with its largest rivals. For Brazil, the $14 billion S11D mine is a rare bright spot amid the country’s longest recession on record. “This is a confident affirmation that yes, Brazil will return to growth,” Minister of Mines & Energy Fernando ...

  Bloomberg Citizens who are campaigning against Rupert Murdoch’s plan to gain full control of Europe’s dominant pay-TV company are seeking to hamper the 11.7 billion-pound ($14.6 billion) deal through the UK Parliament. Hacked Off, a media accountability advocacy group formed during the phone-hacking scandal that thwarted Murdoch’s first takeover attempt for Sky Plc in 2011, is preparing to propose ...