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Dubai / Emirates Business Emirates NBD, a leading financial institution in the region, is celebrating World Ocean Day this year by highlighting its commitment to preserving marine biodiversity, under the bank’s Keep the Creek Clean marine conservation programme. The Keep the Creek Clean initiative was introduced by Emirates NBD Private Banking in 2018, with the goal of helping preserve and ...

Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), will be the main sponsor of the upcoming constructsteel conference 2019 organised by the World Steel Association (worldsteel) and held in the Middle East for the first time. Through sponsoring the conference, the company aims to ...

BRATISLAVA / WAM The UAE’s Minister of State for Foreign Affairs reiterated the country’s commitment to ensuring regional stability. “The UAE is a committed partner in the development and stabilisation of the Arab World,” Dr Anwar bin Mohammed Gargash, told audiences in a keynote address at GLOBSEC 2019 Bratislava Forum in Slovakia. The UAE official noted that the country had ...

Sharjah / WAM For the sixth year in a row, the Sharjah Chamber of Commerce & Industry (SCCI) is gearing up to participate in the 11th edition of the World Chambers Congress (WCC) of the International Chamber of Commerce. Under the theme “Creating a Shared Future”, the three-day event will be held in Rio De Janeiro, Brazil on June 12-14 ...

Sharjah / WAM The amount of water produced in the Emirate of Sharjah during 2018, reached more than 37 billion gallons of water, according to the latest statistics issued by the Sharjah Electricity and Water Authority (Sewa). The statistics also revealed that the biggest share of water consumption was by the residential sector with almost 62% (17.2 billion gallons) while ...

Abu Dhabi / WAM Over 407 million drops of polio vaccine have been delivered to more than 71 million Pakistani children as part of the Emirates Polio Campaign implemented in the Islamic Republic of Pakistan since 2014 till the end of April 2019, the UAE-Pakistan Assistance Programme (UAEPAP) has announced. The aid comes in line with the directives of President ...

Bloomberg Texas drillers may have found a solution to the stubborn natural gas glut that’s forced them to either burn it off into the air, or pay others to take it away. At least five producers, led by EOG Resources Inc., are experimenting with shooting highly-pressurised natural gas into past-their-prime wells that have seen their output slip. The wells are ...

Bloomberg Total SA is positioning itself as Angola’s top foreign operator in the country’s efforts to revive oil production from the lowest level in more than a decade. The French energy giant could one day operate about 40 percent of the nation’s production, and is considering an additional investment of as much as $10 billion, according to Chief Executive Officer ...

Bloomberg Royal Dutch Shell Plc plans to shower its investors in money, pledging returns of $125 billion between 2021 and 2025 — twice as much as a decade earlier. The oil and gas major says it can pull off this feat with crude at $60 a barrel and only a small increase in capital spending, an aggressive move to keep ...

Bloomberg China Three Gorges Corp. is weighing a deal to gain cont-rol of EDP-Energias de Portugal SA’s Brazilian business, people with knowledge of the matter said. State-owned Three Gorges is considering merging its own Brazilian assets with EDP’s operations in the South American country, which are run through publicly-traded EDP-Energias do Brasil SA, according to the people. Three Gorges may ...