Bloomberg The cost to drill wells at Argentina’s Vaca Muerta, site of the world’s second-biggest shale reserves, has dropped 20 percent this year, putting Chevron Corp. and its partners closer to meeting spending goals. Drilling costs at the Loma Campana field in Vaca Muerta have declined to $11.2 million per well from $14 million in the last three months ...

  DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, issued Decree No (10) of 2016 on the restructuring of the Board of Trustees of the Dubai Appreciation Award for Community Services. The Decree named Dhahi Khalfan Tamim, Chairman of the Board of Trustees and Major ...

  Belgrade / Emirates Business Etihad Airways’ equity partner Air Serbia launched flights to the United States, a milestone achieved with the support of, and in collaboration with, several of Etihad Airways equity partner airlines. Air Serbia, in which Etihad Airways has a 49 per cent stake, launched its five-times-a-week scheduled flights between its Belgrade hub and New York JFK ...

  ABU DHABI / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR) Board of Management held its third meeting of 2016 this week to review FANR’s accomplishments and its strategic and operational plans for 2016. The meeting was led by Board of Management Chairman, Abdulla Al Suwaidi. Senior FANR management provided the board with updates to key FANR activities, ...

  Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) received international recognition and was awarded a Letter of Appreciation from the United Nations World Summit on the Information Society (WSIS) Prizes 2016, in the Champions category for its Smart Power Plant System. DEWA launched the system in February this year to develop its smart operations and foster development ...

  Dubai / WAM As part of its efforts to explore promising areas of cooperation between Dubai and the Russian Federation, the Dubai Chamber of Commerce and Industry, in association with the UAE Embassy in Russia and with the presence of the Russian Business Council, operating under the umbrella of the Chamber, recently concluded a networking event in the Russian capital, ...

  Sharjah / Emirates Business Iftin General Trading, a Hamriyah Free Zone-based company, is planning to expand its facilities in the zone to meet the growing demand for its products. Hassan Ali, Managing Director of Iftin General Trading, said that they would add 215,278 square feet area to its existing facility to meet the increasing demand for its food stuff ...

  Dubai / WAM UAE based 2XL Furniture and Home Décor, the renowned retailer of luxury home furnishings, announced the launch of its exclusive new showroom in Al Mushrif Cooperative Society in Abu Dhabi. This is the second showroom in Abu Dhabi, after its largest one in Marina Mall. The latest store features an extensive range of collections from classic and ...

  Dubai / Emirates Business The Dubai Health Authority (DHA) is encouraging families who plan to travel during the summer and Eid break to ensure they take necessary pre-travel vaccinations at least two weeks prior to their journey to ensure the effectiveness of the vaccines. The DHA has two full-fledged Travellers Clinics inside the Nad Al Hammar and Al Barsha ...

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) launched on Thursday ‘Erteqa’ a new initiative which aims to increase the level of customer services across the UAE’s telecoms sector. The initiative was inaugurated during a press conference held at the Four Seasons Resort Dubai. The initiative which is under the patronage of HH Sheikh Mansour bin Zayed Al ...