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Abu Dhabi / WAM Abu Dhabi’s Supreme Petroleum Council (SPC) approved, on Sunday, the Abu Dhabi National Oil Company’s (Adnoc) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per day (mmbpd) at the end of 2020 and 5mmbpd by 2030. The SPC meeting was presided over by His Highness Sheikh Mohamed bin ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, attended the second edition of the World Youth Forum 2018, along with Abdel Fattah El Sisi, President of Egypt. The forum, taking place in Sharm El Sheikh, will run until November 6. Five thousand young individuals are currently participating in the ...

Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq), has announced exclusive updates about ten latest additions to its portfolio of hospitality projects and eco-destinations at World Travel Market 2018, (WTM) which rolls out on Monday, at the ExCeL in London, UK, and will conclude on November 7. Exhibiting at the Sharjah Pavilion led by Sharjah Commerce and Tourism Development ...

ABU DHABI / WAM The International Fund for Houbara Conservation (IFHC), on Sunday in Abu Dhabi hosted an international summit dedicated to the conservation of the Houbara bustard, a bird synonymous with Arabic culture. The summit, ‘Conservation Through Government Action’, was officially opened by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment. In his opening address, Dr ...

Bloomberg Tension inside the Italian government mounted over the weekend as Italy’s League widened its lead in public support over its partner in the populist coalition. Giancarlo Giorgetti, a League member and key aide to leader Matteo Salvini, warned that the government could be at risk of falling apart if the parties focus only on polling results, according to an ...

Bloomberg Egyptian security forces killed 19 militants suspected in a weekend attack on a busload of Coptic Christians, the Interior Ministry said on Sunday. Photos released by the ministry showed several of the suspected militants dead on the ground, as well as personal belongings including posters bearing the logo of IS. The attack on Friday, claimed by the extremist group, ...

Bloomberg Theresa May has secured concessions from Brussels that will let her keep all of Britain in a customs union with the European Union to avoid a hard border in Northern Ireland, the Sunday Times reported, without saying where it obtained the information. The move could win over some opposition Labour lawmakers and increase the chances of getting a Brexit ...

Bloomberg The Senate Judiciary Committee found “no credible evidence” to support allegations against Supreme Court Justice Brett Kavanaugh that were presented during his confirmation process. “This was a serious and thorough investigation that left no stone unturned in our pursuit of the facts,” said Iowa Senator Chuck Grassley, chairman of the committee, in a statement about the report on the ...

Bloomberg When Donald Trump called to congratulate Brazil’s president-elect on Sunday, neither spoke the other’s language. Luckily, among Jair Bolsonaro’s well-wishers in the room, was a 24-year-old YouTube personality who was ready to offer his English skills to bridge the translation gap. That was just the start of a week marked by off-protocol improvisation. The former Army captain was elected ...

Bloomberg Royal Dutch Shell Plc stepped up its share buyback program as cash flow surged on higher crude prices, even as profit fell slightly short of expectations. Cash flow from operations including working capital movements was $12.09 billion in the third quarter, the highest since 2014. The company said it will repurchase $2.5 billion of shares up to January 28, ...