September, 2016

• 1 September

  du introduces new GCC roaming packages

  Abu Dhabi / Emirates Business This Hajj season, du customers have more reasons to smile with two great GCC roaming packages. Valid in KSA, Oman, Qatar, Kuwait and Bahrain, customers benefit from 2 GB of data with a three day validity for AED100, or 4 GB data with 7 days validity for AED 200. “Hajj is a special, spiritual time ...

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• 1 September

  Al Maryah Island to host Eid family fun

  

    Emirates Business The Galleria on Al Maryah Island, Abu Dhabi’s luxury shopping and dining destination, unveils family friendly activities for shoppers over Eid Al Adha. All activities have been created to celebrate the joyous holiday, and can be enjoyed by everyone visiting The Galleria this holiday season. A live henna station will host residents of Abu Dhabi, creating traditional ...

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• 1 September

  Telecom Egypt pays $806mn for 4G license

  

    Bloomberg Telecom Egypt is set to become the country’s fourth mobile carrier after acquiring a 4G license Wednesday as the state-controlled landline monopoly seeks to keep up with rivals. The carrier, 80 percent owned by the government, bought the license for 7.08 billion Egyptian pounds ($806 million), Chief Executive Officer Tamer Gad Allah said at a news conference in ...

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• 1 September

  Saudi Aramco, Japan to expand Okinawa crude storage deal

  

    Reuters Saudi Aramco and the Japanese government are set to agree on a roughly 2 million barrel expansion of crude storage capacity in Okinawa, used by the state-run firm to store oil, Saudi Aramco CEO Amin Nasser said on Thursday. Under an agreement with Tokyo, Saudi Aramco and Abu Dhabi National Oil Co (ADNOC) each store up to 1 ...

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• 1 September

  Iraq oil exports from southern ports rise on higher production

  

    Reuters Iraq’s oil exports from southern ports rose to more than 3.230 million barrels per day (bpd) in August, from 3.202 million bpd in July, as crude production increased, the oil ministry and sources at state-run South Oil Co said on Thursday. The West Qurna 1 field, developed by Exxon Mobil, and South Oil’s Luhais and Artawi fields contributed ...

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• 1 September

  Israel courts energy biggies for offshore gas

  

    Bloomberg Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to search for natural gas off his country’s shores. At a road show in London this week, Steinitz will sit down with executives from large and mid-sized energy companies to make his case that prospects for finding big reserves ...

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• 1 September

  Oil prices edge up in Asia after sharp plunge

    Bloomberg Oil prices edged up slightly on Thursday after being hammered the day before by data showing a sharp rise in US stockpiles, while analysts warned a pick-up in the dollar would add further downward pressure. Both main contracts plunged Wednesday after the US Energy Department said commercial inventories in the world’s top oil consumer edged up last week ...

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• 1 September

  Venezuela streets bristle with protesters in test of strength

  

    Beirut / AFP Demonstrators crowded the streets on Thursday in a test of strength between Venezuela’s government and opponents seeking a referendum to remove President Nicolas Maduro, raising fears of violence. Thousands of protesters dressed in white marched in the east of the capital, waving signs reading “Change now” in what the opposition dubbed “The Taking of Caracas.” A rival ...

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• 1 September

  Czech spy agency warns of ‘a threat of attack’ by militants

    PRAGUE / AP The Czech Republic’s counter-intelligence agency says there’s a threat of a potential attack by radicals on Czech territory. The agency, known as BIS, says in its annual report published on Thursday that such a threat comes from militants linked to the IS group and also from the Nusra Front, Al-Qaida’s affiliate in Syria. The announcement comes ...

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• 1 September

  Tusk: EU must protect own interests in Brexit talks

    Luxembourg / AFP EU President Donald Tusk insisted on Thursday there would be no talks with Britain before London triggers the divorce process, saying he wants to “protect the interests” of the bloc’s remaining members. Tusk added that in the wake of the Brexit vote, the 27 EU leaders who are meeting without Britain in Slovakia on September 16 ...

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