February, 2019

• 26 February

  Nigeria president Buhari leads vote, opposition cries foul

  

  Bloomberg Nigerian President Muhammadu Buhari held the edge in early election results that the main opposition party claimed were being manipulated following a vote marred by delays and at least 39 deaths. After results from 11 of Nigeria’s 36 states and the Federal Capital Territory, Buhari led his main challenger, Atiku Abubakar, by a 51 percent to 46 percent margin, ...

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• 26 February

  Mohamed visits Seoul National Cemetery

  

  Seoul / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday visited the Seoul National Cemetery at the beginning of his official visit to the Republic of Korea. The visit to the memorial began with a flag-saluting ceremony. His Highness then laid a wreath ...

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• 26 February

  Duphat 2019 kicks off in Dubai

  

  DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of the Dubai Health Authority, on Tuesday officially opened the 24th edition of Dubai International Pharmaceutical and Technology Conference and Exhibition (Duphat), at the Dubai International Convention and Exhibition Centre. Running until February 28, Duphat brings together leading pharmaceutical experts, industry ...

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• 26 February

  Sheikh Khalifa’s Residential City opened in Hadramaut

  

  Abu Dhabi / WAM The Emirates Red Crescent (ERC), opened the final phase of the Sheikh Khalifa’s Residential City for those affected by the floods that swept through the Hadramaut Governorate in Yemen during the past years. The move follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The city consists of 607 housing units in ...

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• 26 February

  Borouge awards three major contracts for Ruwais plant

  

  ABU DHABI / WAM Borouge awarded TechnipFMC, Maire Tecnimont, and WorleyParsons, three major contracts for the fourth phase of the Ruwais petrochemicals complex which will include the world’s largest mixed feed cracker. In a ceremony held in Abu Dhabi, Borouge signed Front-End Engineering and Design (FEED), contract, Project Management Contract (PMC), and a licence contract associated with the mixed feed ...

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• 26 February

  Tension mounts after Indian jets bomb targets in Pakistan

  

  Bloomberg India said its fighter jets destroyed a major terrorist camp in Pakistan in the worst escalation between the nuclear-armed rivals since 2001, in an incident that Islamabad has described as a “grave aggression.” More than 300 people were killed in the air strikes at the camp belonging to terrorist group Jaish-e-Mohammed that has trained suicide bombers, according to an ...

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• 26 February

  Brexit: Energy traders brace for chaos

  

  Bloomberg The possibility of Britain exiting the European Union without a deal is coming into sharper focus for power, natural gas and carbon allowance traders as futures for next month start to expire. A no-deal Brexit could rattle traders because of the complicated links that hold the EU energy market together. For example, natural gas produced in Norway can be ...

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• 26 February

  Shale backlash hits China after quake in key drilling area

  Bloomberg The backlash against shale drilling in earthquake-prone regions — a thorn in the side of US energy companies for the past decade — reached China this week after a series of temblors killed two people and reduced homes to rubble. China’s biggest oil and gas producer halted drilling in an area of the country’s shale hub after three quakes ...

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• 26 February

  Global stocks slide as trade optimism wanes; pound up

  

  Bloomberg Global stocks dropped on Tuesday as the rush of optimism over US-China trade talks from earlier in the week faded. The pound rallied as UK Prime Minister Theresa May promised a vote to delay Brexit if her proposed deal fails. S&P 500 Index futures slid and European stocks edged lower after US President Donald Trump raised the possibility of ...

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• 26 February

  Stocks, rupee pare declines as investors weigh impact of attacks

  

  Bloomberg Indian stocks and the rupee bounced off the day’s lows as investors assessed the impact of the rising tensions between India and Pakistan against the backdrop of falling oil prices and buoyant emerging markets. The S&P BSE Sensex tumbled as much as 1.4 percent and the rupee lost 0.5 percent in reaction to an air strike on a terrorist ...

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