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Dubai / Emirates Business DAMAC Properties, a leading luxury real estate developer in the region, has launched Aknan, a collection of 3-bedroom luxurious villas that pays homage to the sentiment of home being such a central part of life. Aknan Villas will go on sale in Dubai on May 24 at Roda Al Murooj Hotel, Al Yasat Ballroom, Downtown Dubai ...

The idea of a grand bargain between the US and Russia is less popular in Washington than ever before. And yet one of the biggest foreign policy problems for the US — that of North Korea — cannot be resolved without Russia’s participation. In recent years, Russian President Vladimir Putin has made sure to rebuild a close relationship with North ...

More than a billion people worldwide live without reliable access to electricity. Providing them with power will require hundreds of billions of dollars of investment, vast deployment of technology, and adaptable business and financial market strategies. Much of the job can be done with power generation systems that are not connected to a central grid, and with largely fuel-free technology. ...

The state of Illinois regulates many common trades that maybe it shouldn’t, such as those specified by the Barber, Cosmetology, Esthetics, Hair Braiding, and Nail Technology Act of 1985. And it doesn’t regulate one industry that needs to be: gun dealerships. Despite a gruesome spike in gun violence in Chicago in recent years, regulation of gun retailers is left to ...

Say at least this for the manifestoes that the Conservative and Labour parties have presented this month: Some honesty has returned to British politics as far as tax and spending decisions are concerned. This would be a cause for celebration were it not for an additional detail: When it comes to Brexit, the U.K.’s main parties are yet to wake ...

Bloomberg Oil extended gains towards $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal through the first quarter of 2018. Futures climbed as much as 1.1 percent in New York after advancing 5.2 percent last week, the biggest weekly increase since March. An extension into next year will help producers reach ...

Bloomberg BP Plc started a project in the UK North Sea that will restore production halted since 2013 and help double the company’s output in the area by the end of the decade. BP and its partners budgeted 4.4 billion pounds ($5.7 billion) for the Quad 204 project, which involved building a new floating production and supply vessel and redeveloping ...

LONDON / Reuters Iraq has achieved its share of the production cuts agreed by OPEC and non-OPEC producers at the end of last year but remains ready to meet future oil demand growth, Iraqi oil minister Jabar al-Luaibi said in a speech on Monday. “Iraq as the second-largest producer in OPEC confirms its achievement to the commitment to implement the ...

Riyadh / Reuters US agricultural trader Bunge is looking to bid for the Saudi state grain company’s milling operations, sources said, the second global commodities company to show interest in the privatisation of the kingdom’s sole wheat and barley buyer. A memorandum of understanding was signed by Bunge and Arabian Agricultural Services Company (ARASCO), a privately-owned Saudi firm, sources with ...

Bloomberg China will carry out a nationwide poll next month to test the public’s acceptance of genetically-modified food, a technology the government says would boost yields and sustainable agriculture in a country that’s seen consumption soar. Beijing’s prestigious Tsinghua University and two other Chinese colleges will carry out the survey, said Jin Jianbin, a professor at Tsinghua’s School of Journalism ...