April, 2019

• 20 April

  Ras Al Khaimah, Eni ink exploration deal

  Bloomberg Eni SpA signed an exploration and production agreement wi-th emirate of Ras Al Khaimah, a further push by the Italian company into the Middle East. The deal between the Rome-based hydrocarbons producer and RAK Petroleum Authority will cover Block A, which includes an area of 2,412 sq kms off the coast, according to a statement from Eni. Eni will ...

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• 20 April

  Global tensions to fuel oil rally, say hedge funds

  

  Bloomberg Hedge funds are betting rising tensions around the globe will keep fueling oil’s rebound this year. Money managers boosted optimistic wagers on West Texas Intermediate crude to the highest since October in the week ended April 16, according to government data released. Total long and short positions swelled to the most in six months, a sign the rally is ...

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• 20 April

  UAE, Pfizer to establish national research lab

  DUBAI / WAM Abdul Rahman bin Mohammed Al Owais, Minister of Health and Prevention (MoHAP) met with Dr Amrit Ray, Global President, R&D and Medical, Pfizer EMB, to discuss the possibility of establishing a scientific research and excellence hub in the UAE. Al Owais and Dr Ray also discussed mutual efforts to fight chronic diseases and develop innovative and integrated ...

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• 20 April

  Kim tested ground-combat weapon: Seoul

  

  Bloomberg A weapon tested by North Korea is thought to have been a guided weapon for ground combat and not a ballistic missile, South Korea’s military said, indicating it was a conventional weapon and not one subject to international sanctions. South Korea and the US ran a joint assessment of the test, a South Korean Defense Ministry spokesman said without ...

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• 20 April

  Maria Butina deserves 1.5 yrs prison: Prosecutors

  

  Bloomberg Maria Butina may not have been a spy or trained intelligence officer, but she deceived the US on behalf of Russia, potentially threatening national security, and deserves 1.5 years in prison for her actions, prosecutors said. The recommendation is at odds with a request by Butina’s lawyers, who argue she should be released immediately and permitted to return home. ...

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• 20 April

  Police, Yellow Vests clash as anti-Macron protests hold up

  

  Bloomberg French police clashed with Yellow Vest protesters in Paris, firing tear gas and arresting scores of people as tens of thousands of police were mobilised to maintain order. This week’s fire at Notre-Dame Cathedral failed to damp the 23rd straight Saturday of action. Key members of the movement said that contesting President Emmanuel Macron’s policies — the initial motivation ...

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• 20 April

  Warren calls for House to begin impeachment of president Trump

  

  Bloomberg Democratic presidential candidate Elizabeth Warren called for President Donald Trump’s impeachment, saying the country can’t afford to ignore the obstruction uncovered by Special Counsel Robert Mueller’s investigation. “The severity of this misconduct demands that elected officials in both parties set aside political considerations and do their constitutional duty,” the Massachusetts senator wrote in a series of tweets. “That means ...

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• 20 April

  DSOA building ranks first in Mena region for sustainability

  

  Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, announced that it has obtained the Leadership in Energy and Environmental Design (LEED) v4.1 Platinum certification in the Operations and Maintenance (O+M) category for its High Bay Building in DSO. Dr Juma Al Matrooshi, Deputy CEO for ...

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• 20 April

  UAE, Brazil discus ties, cooperation

  

  DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), met Fernando Luis Lemos Igreja, Ambassador of Brazil to the UAE, as part of a series of meetings to ensure cooperation and collaboration with all diplomatic and consular missions in the UAE. The meeting was attended by Dr Yousef Al Akraf, Executive Vice ...

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• 20 April

  Dubai announces investment opportunities for major parks

  

  DUBAI / WAM Dubai Municipality announced several investment opportunities in the emirate’s public parks, such as the event spaces, and the allocation of different areas for restaurants and small shops, within the investment map of each park. Dawoud Al Hajri, Director General of Dubai Municipality, said that the Municipality aims to support the directives of the wise leadership to encourage ...

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