May, 2017

• 30 May

  Etihad Airways to expand Boeing 787 network in Europe

  

  Abu Dhabi / WAM Etihad Airways on Tuesday announced plans to boost its European Dreamliner network with the deployment of Boeing 787-9 aircraft to Amsterdam and Madrid. The 299-seat Dreamliners will be introduced on year-round scheduled services to Amsterdam from September 1, and to Madrid from October 1, joining Dusseldorf and Zurich as the airline’s other European Dreamliner services. The ...

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• 30 May

  RTA, Dubai Police discuss road and transport safety

  Dubai / WAM Senior officials from the Roads and Transport Authority (RTA), and Dubai Police have met to discuss road safety strategies in preparation for Dubai hosting Expo 2020. Mattar Al Tayer, RTA Director-General and Chairman of the Board of Executive Directors, and Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, discussed the Dubai Traffic Safety Strategy and ...

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• 30 May

  Etihad Guest, ERC launch campaign to support Somalia

  Abu Dhabi / WAM To celebrate the #Year of Giving, Etihad Guest has launched a special Ramadan campaign with Emirates Red Crescent (ERC), to provide thousands of meals to families and children in need in Somalia. Members of Etihad Airways’ award-winning loyalty programme can donate their miles to the emergency response in the African country, with 750 Etihad Guest Miles ...

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• 30 May

  DEWA awards AED798mn contract for 590MW K-Station to Spanish firm

  Dubai / WAM Dubai Electricity and Water Authority (DEWA), announced that it awarded the contract for the third phase of K-Station at Jebel Ali Power Station to Spanish company Duro Felguera, worth AED798 million. The project includes the supply, installation, testing and launch of 2 F-type gas turbines from Siemens AG that will produce 590MW at 50 degrees centigrade. The ...

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• 30 May

  Ajman unveils Sanad Project in cooperation with Huawei

  

  Ajman / WAM Abdulrahman Mohamed Abdullah Al Nuaimi, Director-General of the Municipality and Planning Department, has launched the strategic project ‘Sanad’ in cooperation with Huawei, the giant telecommunications and information technology corporation. The project aims to build and update technical infrastructure services by applying the latest and advanced technology that ensures information and networks security, agility, and easily converting to ...

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• 30 May

  Consumer Empowerment Index launched

  Sharjah / WAM The Sharjah Economic Development Department (SEDD), has launched the “Consumer Empowerment Index” to measure consumers’ knowledge about a number of policies, initiatives and standards of the product and the market. The Index has been released to reveal wrong practices committed by consumers when purchasing, as well as to facilitate the procedure of claiming consumers’ rights. The Department ...

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• 30 May

  Norway seeks to restrict foreign takeovers in oil sector

  

  Bloomberg Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources. In recent proposed changes to industry regulations, the Norwegian government beefed up its possibility to rej-ect non-European entities on grounds of national security from acquiring offshore oil and gas licenses. “I would ...

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• 30 May

  Europe’s big utilities join blockchain energy trading trial

  Bloomberg Some of Europe’s biggest utilities joined a project to test blockchain-based trades in wholesale power and natural gas markets. Utilities from Enel SpA to RWE AG will start live trading based on blockchain in the fourth quarter, after tests that start in August, said Michael Merz, managing director at Ponton GmbH, the developer of the project. The software, called ...

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• 30 May

  Egypt procures 3mn tonnes of local wheat

  CAIRO / Reuters Egypt, the world’s largest wheat importer, has procured 3 million tonnes of wheat from local farmers since the harvest began in mid-April, the Supply Ministry said in a statement on Monday. The local procurement season runs until July and the ministry has said it is targeting between 3.5 million and 4 million tonnes of local wheat this ...

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• 30 May

  India’s ONGC posts surprise profit drop on royalties, weak gas price

  Bloomberg Oil & Natural Gas Corp.’s quarterly profits missed estimates for a gain as lower gas revenues and a jump in royalty payments outweighed the boost from higher crude prices. Net income at India’s biggest oil and gas producer fell 6.1 percent to 43.4 billion rupees ($673.6 million) in the three months ended March, the company said in a statement. ...

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