June, 2017

• 6 June

  ADNEC to celebrate ‘Global Exhibitions Day’

  

  Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) will join national exhibition associations and exhibition venues across the world in marking the Global Exhibitions Day 2017 (GED 2017) on Wednesday. Global Exhibitions Day is an opportunity for the exhibition industry to celebrate and highlight its positive impact on jobs, business, innovation and local investment. The occasion was ...

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• 6 June

  Mohamed attends lecture on fourth agricultural revolution

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended on Tuesday a lecture on the fourth agricultural revolution, delivered by Dr Caleb Harper, Director of the Open Agricultural Initiative at MIT Media Lab. In a lecture titled “Eating Digital: The Fourth Agricultural ...

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• 6 June

  ADEC approves fee hikes for 24 private schools

  Abu Dhabi / WAM The Abu Dhabi Education Council (ADEC), approved the fee hike request of 24 private schools in Abu Dhabi starting from the 2017-2018 academic year. The average increase in fee is about three percent. Meanwhile, ADEC has rejected the request of 60 private schools. A total of 84 schools had submitted the request to increase fees, out ...

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• 6 June

  Daman rolls out e-Dirham payment service

  

  Abu Dhabi / WAM The National Health Insurance Company (Daman), has launched a trial phase allowing clients to pay insurance premiums and service charges using e-Dirham at its service centre in its Abu Dhabi headquarters. Daman said that payments using e-Dirham services will be included in the approved payment options package, and will expand to the remainder of the company’s ...

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• 6 June

  KFED, DBRB sign deal to develop SMEs in Belarus

  

  Abu Dhabi / WAM Khalifa Fund for Enterprise Development (KFED) and the Development Bank of Belarus (DBRB) signed an MoU setting up the framework for future cooperation to develop Small and Medium Enterprises in the Republic of Belarus. The agreement was signed by Hussain Jassem AlNuwais, Chairman of Khalifa Fund for Enterprise Development and Sergei Rumas, Chairman of the DBRB. The ceremony ...

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• 6 June

  Gulf spat threatens to put brakes on Qatar’s $335 billion empire

  

  Bloomberg The windfall from being the world’s largest exporter of liquefied natural gas has allowed Qatar to amass about $335 billion of investments around the world through its sovereign wealth fund. Now, a diplomatic spat with neighboring countries threatens to hamper the Qatar Investment Authority’s ability to continue making headline-grabbing global deals. Saudi Arabia and three other Arab countries cut ...

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• 6 June

  Platts initiates review of crude oil loadings from Qatari ports

  

  SINGAPORE / Reuters Oil price agency S&P Global Platts, a unit of S&P Global Inc, said on Tuesday it has initiated with immediate effect a review of the deliverability of crude oil loading from Qatari ports. The move follows major Arab nations cutting commercial and diplomatic ties with Qatar. During the review period, and until further notice, Al-Shaheen crude oil ...

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• 6 June

  Genel’s Iraq field output fall slows

  Kurdistan / Reuters Genel Energy’s main Taq Taq oil field in Iraqi Kurdistan has seen falling output in 2017 but the rate of decline has slowed recently, the company said in a statement prepared for its annual general meeting on Tuesday. Shares in Genel, which have fallen more than 92 percent since its peak in 2014, were down 3.2 percent ...

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• 6 June

  Nebraska only place in US where coal demand is up

  

  Bloomberg Looking for a rare bright spot in US coal? Consider Nebraska, the only state producing more electricity from the fossil fuel than it did a decade ago, according to a Bloomberg analysis of US government data. While America’s slashed its coal-fired electricity generation by more than a third between 2006 and 2016 — creating havoc for the coal sector, ...

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• 6 June

  Oil slips as gulf diplomatic clash seen having limited impact

  

  Bloomberg Oil dropped to the lowest level in more than three weeks as the market refocused on glut concerns after a diplomatic clash involving Saudi Arabia and Qatar was seen as having a limited impact on supply. Futures dropped 0.6 percent in New York, after rising as much as 1.6 percent earlier in the session. Saudi Arabia, Bahrain, the United ...

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