DUBAI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, said the UAE sees a healthy level of demand for crude oil in the future from emerging economies in Africa and Asia, and that UAE would remain commercially-minded in its strategic oil investments. Al Mazrouei’s comments came during a session on the region’s oil policy moderated ...
Read More »Fujairah to open new avenues for investment in mineral resources
FUJAIRAH / WAM The Government of Fujairah is committed to opening new prospects for investment in mineral resources, according to HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, during the Fifth Fujairah International Forum for Industrial Rocks & Mining on Tuesday. He stressed the need for introducing flexible legislations that support efforts to conserve ...
Read More »DEWA, Dell discuss digital tech ties
DUBAI / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), and a delegation from Dell technologies headed by Michael Dell, CEO and founder of the US-based tech giant, have met to discuss ways of enhancing mutual cooperation and exchange expertise and international practices seen as the best in smart networks, information ...
Read More »Brazilian export of textiles to Arab region up 87%
DUBAI / WAM Brazilian exports of textiles and clothing to the Arab region surged during the first two months of 2017, increasing by 87.5 per cent compared to its performance during the same period in 2016, according to the Arab Brazilian Chamber of Commerce, ABCC. The huge demand for synthetic fabric and sisal rope used in ships and rigs ...
Read More »May chases an early UK poll in gamble for Brexit Unity
Bloomberg UK Prime Minister Theresa May called for an early election on June 8, seeking a personal mandate and parliamentary backing to take her through Brexit talks. The pound surged. The Conservatives have a 21-point lead, according to a recent poll and May — who became prime minister without an election — is betting she can extend the slim ...
Read More »Pence: US won’t rest until N Korea gives up nuclear weapons
TOKYO / AP The US will not relent until it achieves its objective of ensuring the Korean Peninsula is free of nuclear weapons, Vice President Mike Pence said on Tuesday while visiting Japan. After meetings with Prime Minister Shinzo Abe and other leaders, Pence told reporters that President Donald Trump was confident that economic and diplomatic pressure has a ...
Read More »12 Saudi officers killed in helicopter crash in Yemen
RIYADH / AP The Saudi-led military coalition fighting in Yemen says one of its helicopters has crashed in eastern Yemen, killing 12 Saudi officers. The coalition says the crash took place in the eastern province of Marib on Tuesday and that it’s investigating the circumstances. It happened as US Defense Secretary James Mattis arrived in the Saudi capital, Riyadh, ...
Read More »Russian rockets fuel tensions in the Balkans
BELGRADE / AP Russian and Serbian officials say Serbia is seeking a Russian air-defense system in addition to fighter jets and battle tanks. Serbian Prime Minister Aleksandar Vucic has said he negotiated the purchase of the S-300 anti-aircraft rockets during his recent talks with Russian President Vladimir Putin. Although Serbia claims it wants to be part of the European ...
Read More »VP unveils national strategy for people with special needs
Dubai /Â WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday launched the National Strategy for Empowering People with Disabilities, during his visit to Ministry of Community Development. The National Policy for Empowering People with Disabilities revolve around 6 pillars including health and rehabilitation, education, vocational rehabilitation ...
Read More »AED222mn central market to come up in Madinat Zayed
Abu Dhabi /Â WAM The Department of Municipal Affairs and Transport, represented in the Municipality of the Dhafra Municipality, signed an investment agreement worth AED222 million to develop the central market in Madinat Zayed in the Dhafra Region in co-operation and partnership with the private sector, according to the Build, Operate, Transfer (BOT) model. The agreement was signed during the ...
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