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Dubai / WAM Dubai Land Department (DLD) has announced a number of new initiatives aimed to support the emirate’s economic diversification strategy by establishing Dubai’s real estate sector as the world’s leading property destination. The initiatives will see DLD developing a new mortgage and finance law in order to stimulate investment and streamline financial mechanisms in the real estate market. ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, met Etienne Schneider, Deputy Prime Minister and Minister of the Economy of Luxembourg on Saturday. They discussed bilateral relations and ways to enhance cooperation and partnership in various fields, including tourism, trade, aviation and space technology. Al Mansouri said trade between the two countries stood at $90 million ...

Berlin / WAM Abu Dhabi Department of Energy (DoE), took part in the 4th edition of Berlin Energy Transition Dialogue 2018 (BETD), organised by the German government in association with International Renewable Energy Alliance (REN Alliance), in Berlin, Germany. BETD is a platform for international public and private audiences to come together to discuss viable concepts for the ongoing global ...

Abu Dhabi / WAM Abu Dhabi Farmers’ Services Center (ADFSC) conducted about 200 thousand extension visits to Abu Dhabi farms during 2017, focusing on providing technical and guidance support to farm owners and workers, raising their awareness of the best agricultural practices, methods of modern agriculture and optimum water use, with the aim to help increase farm productivity and improve the ...

COLORADO / WAM A high level delegation representing the UAE Space Agency participated in the 34th Space Symposium, held this week in Colorado, USA. The Symposium brought together space leaders from different parts of the space sector including government, industry, and military experts from around the world. Led by Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State ...

Bloomberg President Donald Trump may have a problem with oil prices being “very high,” but a decline would be a mixed bag for the US economy, thanks to the boom in American energy production. When prices plunged starting in mid-2014 and stayed low for the next two years, US producers felt the pain, much more and longer than was expected. ...

Bloomberg Petrobras has received three bids for a 2,800-mile (4,506 kilometer) natural gas pipeline system being sold as part of a wider push to raise cash through divestments, said people knowledgeable on the matter. Mubadala Development along with EIG Global Energy Partners are leading one group while Sydney-based Macquarie Group Ltd. leads another that submitted bids for Transportadora Associada de ...

Bloomberg US energy regulators embarked upon a wide-ranging review of how interstate natural-gas pipelines are approved, amid concerns that current guidelines have become outdated following the shale boom. The Federal Energy Regulatory Commission will examine the use of eminent domain, how the need for a pipeline is assessed and the extent to which greenhouse gas emissions should be taken into ...

Bloomberg The US and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause. The struggle for support is being waged worldwide, with its locus shifting this week to Washington and the semi-annual meetings of the International Monetary Fund (IMF). Behind the battle: an effort by ...

Bloomberg Takeda Pharmaceutical Co. sweetened its offer for drugmaker Shire Plc to more than $60 billion after three prior bids were rejected, wooing investors in the US company with a higher cash component. The Japanese company boosted its offer to 47 pounds ($65.84) a share from 46.50 pounds a share, confirming a Bloomberg News report that it was considering a ...