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1-10 results from 907 for query «uae»

January 15, 2019 10:30 AM UAE airline’s jet damaged in aborted take-off in Egypt

Dubai — Mubasher: Emirates’ airline flight between Cairo and Dubai was damaged over the previous weekend after being forced to abort take-off due to an unauthorised vehicle on the runway, the Dubai government-owned carrier said in a statement. The incident on flight EK 928, which was operated by one of Emirates’ Boeing 777-300 aircraft, took place on Saturday 2

January 14, 2019 9:29 AM Crude oil prices to exceed $60 pb in 2019–minister

Mubasher: Crude oil prices are likely to average over $60 per barrel (pb) in 2019, Oman’s oil minister predicted. The deal between the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia and Oman can sustain prices at $60 pb, Mohammed bin Hamad al Rumhi told Bloomberg TV, predicting that crude oil will be traded between 2

January 12, 2019 2:42 PM Average oil price reaches $70 pb in 2018 – Minister

Abu Dhabi – Mubasher: The average oil price in 2018 was $70 per barrel (pb), the UAE energy minister Suhail al-Mazrouei said during an industry conference. This price level will boost global oil investment, the minister added. In December, members and non-members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut their production 6

January 10, 2019 3:10 PM IRENA to boost global renewable energy in February summit

Mubasher: Ministers and top officials from 160 countries will participate in the Ninth Assembly of the International Renewable Energy Agency (IRENA) and discuss supporting the international renewable energy industry. IRENA will kick-off in Abu Dhabi, the UAE on Friday 11 January and conclude on the 13th. Attendees of IRENA’s upcoming session are expected 5

January 9, 2019 11:35 AM OPEC oil output marks 6M low in December – Survey

Mubasher: Crude production from the 15-member Organization of Petroleum Exporting Countries (OPEC) dropped 630,000 barrels per day (bpd) in December 2018, a recent survey found. The producer group’s oil output hit a six-month low of 32.43 million bpd last December, compared with the previous month, an S&P Global Platts survey released Tuesday showed 4

January 8, 2019 3:35 PM Abu Dhabi begins operation of world’s largest solar plant

Abu Dhabi – Mubasher: Abu Dhabi’s Department of Energy (DoE) on Tuesday announced that it has started the operation of the world's largest independent solar power plant “Noor Abu Dhabi”. The project’s total cost amounted to AED 3.2 billion, generating 1,177 megawatts, DoE, the entity responsible for strengthening the pioneering status and sustainability 2

January 7, 2019 11:32 AM Kuwait’s foreign investments hit $25.2bn in 2017 – Survey

Mubasher: Foreign investments in Kuwait grew 2.6% year-on-year in 2017, according to a survey issued by Kuwait’s Central Statistical Bureau on Monday. The Gulf nation’s foreign investments surged by KWD 195.4 million to KWD 7.65 billion ($25.2 billion) in 2017, marking the highest level in five years, up from KWD 7.455 billion a year earlier, the state-run 2

January 6, 2019 9:06 AM Saudi Arabia signs largest Aramco oil deal in Pakistan

Mubasher: Saudi Arabia and Pakistan have agreed to build a new Saudi Aramco oil refinery in Pakistan’s port city of Gwadar. Pakistan is expected to sign several investment deals in February 2019, including the construction deal of the multibillion-dollar oil refinery, Arab News reported, citing Pakistan’s information minister Fawad Chaudhry. The oil refinery 2

January 5, 2019 8:41 PM 3 GCC cities among world's best 100

Dubai – Mubasher: The UAE’s city of Dubai has ranked 9th in Resonance Consultancy’s list for the world’s best cities. Among the 100 tracked cities, Abu Dhabi, the UAE capital, came in 40th while Doha ranked 44th, according to the report. London topped the list, followed by Paris, New York, Tokyo, Barcelona, and Moscow, it added. The evaluation was based 2

January 3, 2019 4:55 PM 8 Arabs named among world’s richest people

Mubasher: The world's top 500 billionaires included eight Arabs, of which four are from Saudi Arabia, two from Egypt, and two from the UAE, according to the Bloomberg Billionaires Index. Saudis topped the billionaires' list as Prince Alwaleed bin Talal came in the first and 56th globally with a total net worth of $14.5 billion, down by $57 million compared 4