March, 2018

• 24 March

  Construction of AED2mn Sheikha Fatima hospital in Mauritania begins

  Abu Dhabi / WAM The Emirates Red Crescent (ERC), has commenced the construction of the Sheikha Fatima Maternity and Childhood Hospital in Mauritanian capital, Nouakchott, at a total cost of AED 2 million provided by the Fund for Refugee Women. The Fund – launched by HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the ...

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• 24 March

  DSOA rolls out ‘Hala’ initiative

  

  Dubai / Emirates Business Following the success of ‘Day without Service Centers’ initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and launched by the Department of Finance in October 2017, Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), has rolled out ...

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• 24 March

  DLD awarded GABC assembly membership

  

  DUBAI / Emirates Business During the Global Alliance for Building and Construction (GABC) Assembly, Dubai Land Department (DLD) was awarded membership to assembly’s executive committee along with prestigious international organisations from five other countries. The GABC Assembly was hosted by DLD and inaugurated by  Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, in presence of Sultan ...

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• 24 March

  Gulf Craft delivers Majesty 100 M/Y Oneworld for Australia

  

  DUBAI / Emirates Business Gulf Craft, in conjunction with its exclusive Australian Dealer, Australian superyachts, is pleased to announce the delivery of the Majesty 100 M/Y ONEWORLD to an experienced Australian yacht owner. ‘Oneworld’ is fully customized for commercial charters in Australia and will soon commence operations on the East Coast of Australia with Oneworld Charters. Notis Menelaou, VP of ...

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• 24 March

  Apple develops displays to replace Samsung screens

  

  Bloomberg Apple Inc. is designing and producing its own device displays for the first time, using a secret manufacturing facility near its California headquarters to make small numbers of the screens for testing purposes, according to people familiar with the situation. The technology giant is making a significant investment in the development of next-generation MicroLED screens, say the people, who ...

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• 24 March

  ‘Hydrogen cars’ setback a blow to automakers

  

  Bloomberg If a green ride-sharing service were to flourish anywhere it would be in Munich, where you can rent no-emission cars on just about any city-centre street. And yet Linde AG is about to shut its two-year experiment with hydrogen. It’s another setback for fuel cell-powered cars against those that run on batteries. But the dirty little secret about clean ...

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• 24 March

  Despite Uber crash Florida trying to lure self-driving cars

  

  Bloomberg Florida has been trying to lure self-driving cars to the state for testing on public roads, shaping laws that are much more lax than places like California and New York. The fatal accident in Arizona, another state that’s opted for a laissez faire approach to unproven robo-cars, appears unlikely to change the state’s approach. Jeff Brandes, the Florida state ...

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• 24 March

  Saudi expects oil producers to extend output curbs into 2019

  

  WASHINGTON / Reuters OPEC members will need to continue coordinating with Russia and other non-OPEC oil-producing countries on supply curbs in 2019 to reduce global oil inventories to desired levels, Saudi Arabian Energy Minister Khalid al-Falih said. OPEC and non-OPEC countries struck a production supply agreement in January 2017 to remove 1.8 million barrels per day from global markets and ...

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• 24 March

  Asian LNG prices slide on sluggish demand, weather and N-boost

  

  LONDON / Reuters Asian spot liquefied natural gas (LNG) prices fell for a third week as above-average temperatures softened demand across North Asia and top consumer Japan resumed output from a long-shut nuclear reactor. Spot prices for May delivery slipped to about $7.10 per million British thermal units (mmBtu), 60 cents below last week’s levels, said several trade sources surveyed ...

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• 24 March

  Iraq’s southern oil exports fall for third month in March

  LONDON / Reuters Oil exports from southern Iraq have fallen by 70,000 barrels per day (bpd) this month, according to shipping data and an industry source, suggesting OPEC’s second-largest producer is heading for a third month of lower shipments. Southern Iraqi exports in the first 21 days of March averaged about 3.36 million bpd, compared to 3.43 million bpd in ...

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