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Bloomberg Global energy markets have “a ready supply” of oil as the US boosts production and exports and continues to seek deals to sell its crude and natural gas, Energy Secretary Rick Perry said. The increase in US production and exports helped ease the price spike after attacks on Saudi oil infrastructure last month, Perry told reporters during a briefing ...

Bloomberg India can take more steps to be competitive in the global market, such as enforcing contracts, World Bank President David Malpass said. “There can be more progress in land permits and in enforcement of contracts,” Malpass said in New Delhi on Saturday. “Other countries in Asia have done pretty well.” India jumped 14 places to 63rd in the World ...

Dubai / WAM Consumers in Dubai remain upbeat on the overall economy in the emirate and their personal finances with optimism largely stemming from anticipated improvement across tourism, trading and employment. Nationals as well as expatriates shared a bright outlook in the quarterly consumer confidence survey of Dubai Economy and the overall Consumer Confidence Index stood at 139 points in ...

Dubai / Emirates Business Smart Dubai signed a partnership agreement with leading real estate portal Property Finder to promote the use of advanced technologies to enhance people’s real estate journey. Smart Dubai first announced plans to partner with Property Finder in April 2019 as it launched the Dubai Data Private Sector Strategy and Policy, with the objective of creating new ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), held an investor relations workshop for companies listed on the exchange to understand how to enhance investor relations and meet their regulatory requirements. Participants from ADX listed companies attended the workshop. Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, said that the exchange is keen to support and assist companies in ...

Dubai / WAM Rick Perry, the US Secretary of Energy, praised the strategic vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. “I think His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision of having a diversified energy portfolio is not only correct but visionary. It attracts to ...

Dubai / Emirates Business As part of its efforts to strengthen its relationships with investors in major global markets, Dubai Land Department (DLD), through its Promotion and Real Estate Investment Management Sector, led a group of local real estate developers to the World Property & Investment Show (WPIS) 2019. The show was co-organised by DLD in cooperation with Mindscape Exhibitions ...

DUBAI / WAM Giesecke+Devrient (G+D), a German security technologies provider, on Saturday inaugurated its new regional headquarters and competence centre for services and training at Silicon Park in Dubai Silicon Oasis (DSO). Founded in 1852, G+D is a global security technology group headquartered in Munich, Germany. In the fiscal year 2018, the group generated sales of approximately €2.25 billion. A ...

Baku / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, has headed the UAE delegation to the 18th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) in the Azerbaijani capital Baku. In a statement, the UAE stressed the importance of adhering to the founding principles of the Non-Aligned Movement, known as the ...

ABU DHABI / WAM The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the first graduate-level, research-based artificial intelligence (AI), university in the world, has received immediate interest from graduate students across the globe, with 3,200 starting the application process. The applicants include 1,681 potential students in the last step of their application process and 234 completing their applications within ...