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Dubai / Emirates Business dnata, one of the world’s largest air services providers, continues to be recognised for achieving the highest safety standards. The company has renewed its IATA Safety Audit for Ground Operations (ISAGO) Registration by the International Air Transport Association (IATA) in the Philippines, and obtained ISAGO Station Accreditations at Manila Ninoy Aquino International Airport, Cebu Mactan International ...

RIYADH / WAM The Executive Office of Arab Information Ministers Council adopted the Emirati proposal for ‘Tolerance’ to be the Council’s intellectual theme in 2019, under the title “Arab Media’s Role in Promoting Tolerance”. The Council made the decision during its 11th ordinary session in Riyadh, Saudi Arabia, on Wednesday. The UAE was represented by Mansour Ibrahim Al Mansouri, Director ...

Dubai / WAM Nasdaq Dubai on Wednesday launched futures trading on the shares of 12 leading Saudi Arabian companies, in a significant step forward for the region’s capital markets. The move enables investors to gain from changes in the Saudi-listed companies’ share price by trading the futures on Nasdaq Dubai. The futures are designed to increase the appeal of regional ...

Abu Dhabi / WAM The ‘Sheikh Zayed and Europe: a Journey’ exhibition, held at The Founder’s Memorial in Abu Dhabi, has been extended until January 31. Organised by the European Union Delegation to the UAE and the Austrian and Bulgarian Presidencies of the Council of the EU for the year 2018, the exhibition, held under the patronage of the Ministry ...

Abu Dhabi / WAM Dr Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, has affirmed that meeting sustainability standards have become one of the most important criteria for the ministry in approving infrastructure projects, saying that “implementing these standards is no longer a luxury but an urgent need to ensure economic and investment returns.” In a statement to the Emirates ...

Dubai / WAM Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, participated in a series of events in Egypt, Ivory Coast and Nigeria as part of its efforts to promote UAE products and services across promising international markets and connect local trade to the best gateways in the African continent. The Dubai Exports ...

Bloomberg China’s crude oil purchases from the Middle East and West Africa dropped to a four-month low in December, following a buying binge the previous month that saw the Asian country’s stockpiles swell. Observed flows to China from the two regions dropped to 5.04 million barrels a day, the lowest since August, after reaching a 2018-high of 6.45 million barrels ...

Bloomberg State Grid Corp of China, the dominant electricity distributor in the world’s biggest energy consumer, will invest 38.7 billion yuan ($5.7 billion) to build five pumped hydro storage plants as part of the nation’s efforts to ease idled solar and wind power capacity. The projects, in Hebei, Jilin, Zhejiang, Shandong provinces and the far west Xinjiang autonomous region, will ...

Bloomberg Norway’s oil industry is in full recovery mode, but the country’s top petroleum lobbyist is worried about growing opposition ahead. At the same time as it gave a big boost to investment forecasts for next five years, Norwegian Oil and Gas Association sounded one of its starkest warnings yet on political risk facing the nation’s biggest industry. Explorers and ...

Bloomberg Mexico’s opposition is accusing the government of addressing the issue of fuel theft irresponsibly as supply fears spread to the nation’s capital. Members of the senate are calling for the newly appointed energy minister Rocio Nahle and Petroleos Mexicanos chief executive Octavio Romero to explain how they will fix fuel distribution amid shortages at gasoline stations in central Mexico, ...