OPEC, allies agree to raise oil output

Bloomberg OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia. Major producers outside the Organization of Petroleum Exporting Countries — including Mexico and Kazakhstan — met ministers from the cartel on Saturday and endorsed a nominal output increase of 1 million barrels a day, said Ecuador’s Minister of Hydrocarbons ...

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UAE, US discuss stronger economic cooperation

WASHINGTON / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, and US Commerce Secretary, Wilbur Ross, discussed ways to enhance cooperation in the economic and trade fields between the two countries. This came during a meeting held in Washington during the official visit of Al Mansouri to take part in The Select USA Investment Summit is being held from ...

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MoI, Etisalat join forces to install smart fire alarms

ABU DHABI / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has attended in Abu Dhabi the signing of an agreement between the Ministry of Interior (MoI) and Etisalat Group (Etisalat) for the use of smart services in bolstering prevention and safety measures in public facilities as well as homes. ...

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Dubai Properties projects draw interest from Chinese investors

Dubai / WAM Dubai Properties, a member of Dubai Holding, is drawing high interest for its upscale projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LPS) Beijing 2018, the leading luxury property show that is currently underway in the Republic’s capital city. Dubai Properties, a member of Dubai Holding, is drawing ...

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Workshop on developing effective internal controls on financial reporting held

Abu Dhabi / WAM More than 350 officials responsible for monitoring and developing the internal control systems at government entities and institutions in Abu Dhabi attended a workshop titled, “Building Effective Internal Financial Auditing Systems”, organised by Abu Dhabi Accountability Authority (ADAA). Representatives of the major audit firms operating in the Emirate also participated in the two-day workshop, which was ...

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ADM completes internal roads, infra project worth AED103mn

Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM), in cooperation with Abu Dhabi Public Services Company (Musanada), completed the internal roads and infrastructure project at Nahda Al-Askariyah, Baniyas and Al Shawamekh. The total cost of the project is AED102.77 million and it spans an area of 197,000 square metres approximately. The projects, which are part of the Master ...

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Khalifa Fund signs deal to support local entrepreneurs

Abu Dhabi / WAM Khalifa Fund for Enterprise Development signed a Memorandum of Understanding (MoU), with Majid Al Futtaim Hypermarkets as part of its efforts to support Khalifa Fund members and promote their entrepreneurship. The MoU aims to establish joint collaboration to create an appropriate business environment for the supply of fresh food, grocery, light household, textile and electronic products ...

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‘UAE committed to alleviate suffering of Yemeni people’

Jeddah / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), has emphasised that the UAE, in implementation of the directives of the wise leadership and its effective role within the Saudi-led Arab Coalition, continues to support the Yemeni people through carrying out a huge humanitarian operation to provide aid ...

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‘85% of Yemeni territories liberated by Arab Coalition’

Jeddah / WAM The Ministers of Media of the Member States of the Coalition for Supporting Legitimacy in Yemen held a meeting at the Conference Palace here on Saturday to discuss ways of aligning media efforts and providing support for the Coalition countries. The Saudi Minister of Media Dr. Awwad bin Saleh Al-Awwad said that the meeting comes in continuation ...

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Yemeni minister calls for joint Arab media strategy to counter Iran’s sectarian plans

Jeddah / WAM The Yemeni Minister of Information, Muammar al-Aryani, called for preparing a joint Arab media strategy to confront Iran’s sectarian schemes in the region and empower Yemeni media organisations to combat sectarianism, terrorism and extremism. “The Saudi-led Arab Coalition is supporting Yemen in its battle to end the Houthi coup, restore the state and rebuild the country,” al-Aryani ...

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