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Dubai / WAM For the first time, E2 Dubai South has introduced a 3D virtual tour of spacious events venue on its website, setting up a fresh and contemporary trend in Dubai’s events industry. The tour displays a 360-degree view of the modern centre’s interior and allows users to enjoy an exciting virtual experience. The 3D graphics transport remote spectators ...
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December, 2018
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11 December
Dubai’s non-oil private sector growth picks up in November
Dubai / Emirates Business November data signalled a stronger improvement in the health of Dubai’s non-oil private sector, reflecting faster expansions in business activity and new work and a stable trend in employment. The three main sectors monitored all registered stronger performances, with construction seeing the fastest growth. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite ...
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11 December
Etihad launches passenger services to Barcelona
Abu Dhabi / WAM With the launch of Etihad Airways passenger services to Barcelona, Etihad Cargo has expanded its cargo capacity into Spain, providing freight forwarders and cargo customers greater access to its global network along key trade routes connecting Europe to the Middle East, Africa and Asia over its Abu Dhabi hub. Etihad launched its first scheduled flights linking ...
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11 December
ECI announces successful association with Aman Union
dubai / WAM The Etihad Credit Insurance (ECI), the UAE federal export credit company, announces its association with Aman Union, a professional forum for commercial and non-commercial risks insurers and reinsurers in member countries of the Organisation of Islamic Cooperation. Amongst Aman Union’s members are multilateral agencies such as The Arab Investment and Export Credit Guarantee Corporation (Dhaman); The Islamic ...
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11 December
Companies call on consumers to pay for carbon capture tech
Bloomberg Some of the world’s biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit. The world’s biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it’s too rich for them to ...
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11 December
Big oil is investing more in US shale
Bloomberg Big oil is investing more in US shale, not less, after the recent tumble in crude prices. The US shale sector has helped boost American production to an average of 10.9 million barrels a day this year, the most on record. Output is forecast to grow a further 11 percent next year, according the Energy Information Administration. ConocoPhillips said ...
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11 December
France could save $44.5bn if it bets on renewables
Bloomberg France will save 39 billion euros ($44.5 billion) if it refrains from building 15 new nuclear plants by 2060, and bets instead on renewable energy sources to replace its all its aging atomic facilities, a government agency said. France should spend 1.28 trillion euros over the next four decades, mostly on clean power production and storage capacities, networks, and ...
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11 December
Mexico set to build $8bn refinery
Bloomberg Mexico plans to start awarding the construction of its seventh refinery as soon as March 2019, President Andres Manuel Lopez Obrador said at an event at the Dos Bocas port, in Tabasco, even as the nation´s refining system is operating at its lowest levels in three decades. Unveiling a plan for the nation’s refining system, Lopez Obrador said Mexico ...
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11 December
Huawei arrest sparks Chinese backlash
Bloomberg Calls to boycott Canadian goods, throw away iPhones and load up on Huawei Technologies Co. handsets are among signs of budding public anger in China over the arrest of the Chinese technology giant’s chief financial officer in Vancouver. A number of Chinese companies have posted notices to their social media accounts proclaiming support for Huawei, while offering employees subsidies ...
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11 December
Grab sees potential boost after Thai poll
Bloomberg Grab hopes Thailand’s upcoming general election will help revive the conversation about legalising ride sharing in the country. Talks about reforming the law can be put back on the table once an elected government is in place, Tarin Thaniyavarn, the head of Grab in Thailand, said in an interview. The military government in power since a coup in 2014 ...
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