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Sharjah / WAM The Sharjah International Commercial Arbitration Centre (TAHKEEM), has been awarded three ISO Certificates – ISO 9001, ISO 14001 and ISO 18001. The three certificates are ISO Quality Management 9001; ISO Environment Management 14001; and OHSAS 18001 Certification for Occupational Health and Safety Management System. The certificates were received by Ahmed Saleh Al-Echlah, TAHKEEM Director, in the presence of ...

Bloomberg Third time’s the charm, but not for Korea’s largest carmaking group. Hyundai Motor Co. and affiliate Kia Motors Corp. said they sold 7.25 million autos in 2017, a million short of the companies’ joint target and missing forecasts for the third consecutive year. Deliveries fell to the lowest level since 2012. The group is forecasting a 4.1 percent increase ...

Bloomberg India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilise the nation’s existing generation capacity. Coal-fired capacity, which accounts for more than three quarters of the nation’s electricity, rose by 809 megawatts during the April-November period, according to Bloomberg calculations based on the latest available ...

Bloomberg As automakers seal their first annual US sales decline since 2009, expectations for more interest-rate hikes are bolstering the nearly unanimous view that car demand will shrink again in 2018. Few analysts anticipate sales this year will reach 17 million vehicles, which was just achieved for a third-straight year and only the fifth time in history. The Federal Reserve ...

Bloomberg Maserati North America Inc. is recalling more than 1,000 of its newest luxury cars to fix leaky fuel pipes that increase the potential for an engine fire. The 2018 Ghibli and Quattroporte sedans—with prices starting at $73,050 and $105,600, respectively—have a faulty fuel delivery pipe in the engine compartment that may leak gasoline, the company said. The cars haven’t ...

Bloomberg Euro-area manufacturing growth accelerated to a record in December 2017, capping a solid year for factories which is now eating into production capacity. With export demand strengthening, IHS Markit’s monthly report on manufacturing showed both new orders and output were the strongest in 17 years. Germany’s gauge rose to a record and France improved. Global growth also got a ...

Bloomberg Protests that have roiled Iran over the past five days will die down in a few days, according to a senior Iranian official, as authorities said hundreds of those involved in the unrest have been detained. The demonstrations broke out last week, starting in the holy city of Mashhad and spreading to other parts of the country, including the ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met over a lunch banquet in Dubai marking the advent of the new year, ...

Astana / WAM The Ministry of Defence of Kazakhstan honoured Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to Kazakhstan. Talgat Mukhtarov, Deputy Minister of Defence of Kazakhstan, honoured Ambassador Al Jaber by giving him the Medal of Contribution to Strengthening International Co-operation for his ongoing efforts to develop and strengthen the overall co-operation between their two countries, especially ...

Abu Dhabi / Emirates Business Etihad Airport Services (EAS) Ground, a division of Etihad Aviation Group, has announced several key UAE National appointments within a new structure that lays the foundation for the coming years. The internal appointments are all based at Abu Dhabi Airport and will involve critical transitional duties as EAS Ground moves across to the Midfield Terminal ...