‘Global franchise market’ kicks off today in Dubai

DUBAI / WAM The second edition of The Global Franchise Market (TGFM), the official franchise show in Dubai, will kick off this Sunday featuring 60 brands from over 55 countries. Held under the patronage of Dubai Economy and organized by INDEX Conferences & Exhibitions, member of INDEX Holding, the event will take place from October 29-30 at the Dubai International ...

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Etihad Rail DB, ADVETI bring first ‘Rail Diploma’ to UAE

ABU DHABI / WAM Etihad Rail DB, the operations and maintenance arm for ‘Stage One’ of the UAE’s national railway network, and the Abu Dhabi Vocational Education and Training Institute, ADVETI, have launched the UAE’s first Rail Diploma, aimed to develop a highly skilled UAE National workforce for the railway industry. The announcement follows the signing of a Memorandum of ...

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Abu Dhabi to host global energy conference

Abu Dhabi / Emirates Business Global nuclear energy experts and leaders are gathering in Abu Dhabi, on Monday, for the International Ministerial Conference on Nuclear Power in the 21st Century. Organized by the International Atomic Energy Agency (IAEA) and the Organization for Economic Cooperation and Development’s Nuclear Energy Agency (OECD/NEA), and hosted by the UAE Ministry of Energy and Industry, ...

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IPS all set to launch ‘mega property sale’ in April

DUBAI / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local, regional and international real estate markets, is set to take place in Dubai from April 9-11, 2018 at the Dubai International Convention and Exhibition Centre (DICEC). As the main partner of IPS 2018, DLD will be adding value by enhancing trust and ...

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Supreme Council for Motherhood and Childhood receives 200 child car seats

Abu Dhabi / Emirates Business The Supreme Council for Motherhood and Childhood receives 200 car seats from Babyshop, Abu Dhabi on October 25, the one-stop destination and leading Omni-channel children’s retail-brand in the UAE, in support of Sheikha Fatima bint Mubarak’s humanitarian initiative ‘My Child’s Seat’, which aims at protecting children from road accidents and spreading awareness around children’s safety. ...

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Global Future Councils meet in Dubai on November 11

Dubai / WAM The UAE Government is partnering with the World Economic Forum – Davos to host the second Annual Meeting of the Global Future Councils (AMGFC) on November 11-12, in Dubai’s Madinat Jumeirah. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the event gathers more than ...

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Trump’s China mission to broker multibillion-dollar energy deals

Bloomberg Representatives from about 40 companies are expected to accompany President Donald Trump on the first presidential trade mission to China from Nov 8-10 and sign deals for billions of dollars in US investments. One of the biggest deals the Trump administration is currently negotiating is a multibillion-dollar energy investment from Chinese oil and gas giant China Petroleum & Chemical ...

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Brent oil tops $60 for first time since 2015 amid OPEC optimism

Bloomberg Brent surged above $60 a barrel for the first time in more than two years amid enthusiasm that OPEC may extend its supply-restraint deal and indications that the situation between Iraq and the Kurds remains fragile. The global benchmark jumped to levels last seen in July 2015 and crude in New York closed near an eight-month high. Saudi Arabian ...

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New Saudi mega-city to be listed publicly

RIYADH / Reuters The $500 billion mega-city planned by Saudi Arabia will be floated on financial markets alongside oil giant Saudi Aramco as part of the kingdom’s drive to diversify away from oil, the crown prince told Reuters in an interview. Crown Prince Mohammed bin Salman also said Aramco’s initial public offering is on track for next year and the ...

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Ecuador may leave OPEC if output cut exemption denied

QUITO / Reuters Ecuador will ask to withdraw from OPEC for two years if the organization does not approve its request to be exempt from production quotas, the oil minister said. The Andean country, which is facing a huge deficit and funding needs because of low oil prices and a devastating earthquake last year, is planning to present its request ...

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