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Fashola Expects Year-end Power Generation to Rise by 2000MW
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| The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has expressed his confidence that given the various plans undertaken by the present administration in the power sector, the country may end 2016 with an additional 2, 000 megawatts (MW)Read More... |
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Dubai Marina most looked area on dubizzle
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| The Dubai Marina, Al Reem Island and Khalifa City A were some of the most popular search locations for people looking for both rent and sale properties, dubizzle revealed in its 2015 annual property report.
The property report found that theRead More... |
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Ghana: Govt Responds to NPP's Claims On Eni OCTP Gas Project
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| Accra — The Government of Ghana has responded to claims by the opposition New Patriotic Party that the $7 billion ENI OCTP Sankofa Gas deal does not inure to Ghana's benefit.
Below is the full statement:
RESPONSE TO THE NEW PATROTIC PARead More... |
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Battle of three oil benchmarks upending crude flows across globe
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| Singapore/Seoul/New Delhi: The oil tanker Tofteviken is set to sail from the UK this month carrying the first shipment of North Sea Ekofisk crude to the US Gulf Coast in five years.
More than 7,000 miles away, the Syros Warrior is due to delRead More... |
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Jimmy Carter hopeful for Guinea worm eradication in Africa
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| JUBA, South Sudan (AP) — Former US President Jimmy Carter says that Guinea worm disease may soon be eradicated, which would be the most exciting accomplishment of his career, although progress is hampered by ongoing conflict in Mali and South SRead More... |
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UAE economy to stay resilient
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| UAE businesses are still pursuing their expansion plans and continue to remain resilient to global cues. A random check with leading business personalities in various economic sectors gave a picture of hope and growth for 2016 weathering a bit cyclicRead More... |
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PennWell: Nigeria Needs More Transparency in Oil and Gas Sector
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| The Managing Director of PennWell International, Mr. Glenn Ensor has said that oil and gas companies should increase their level of transparency in their business operations as part of the strategies to survive the slump in the price of crude oil.
SRead More... |
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McLaren brings new Sports Series to Dubai as it aims to beat global slowdown
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| McLaren Automotive, the British Formula One team turned car maker, is unperturbed by a slowing global economy brought on by falling oil prices, with luxury car sales sliding in key markets such as China.
McLaren, which previously only dealt Read More... |
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Iranian president targets Europe business deals
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| Less than two weeks after the suspension of UN, US and EU sanctions, Iranian president Hassan Rouhani is reaping the rewards during a visit to Italy and France.
Accompanied by a delegation of 120 business leaders, Rouhani will be in France oRead More... |
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Dubai property market "will not crash like 2008" - developer
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| Dubai’s property market is facing a slowdown but will not see price drops similar to 2008 and 2009, a senior developer has said.
According to reports, the emirate’s property market saw price reductions of between 10 to 15 per cenRead More... |
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Ambode to go to US-Africa business discussion in Ethiopia
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| In line with his administration’s campaign for direct foreign investment, the Lagos State Governor, Akinwunmi Ambode, will join other world leaders across the globe for the Corporate Council on Africa’s 10th Biennial US-Africa Business SuRead More... |
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Infiniti set to dispatch three new models in Europe
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| Infiniti will present two all-new expressive models at the Geneva International Motor Show on 1 March, 2016. Joining them will be the thoroughly revised Q50.
All three share Infiniti's iconic design language, innovative technologies and precRead More... |
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US Encourages Businesses to Explore Africa's Opportunities
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| U.S. Commerce Secretary Penny Pritzker and a slew of American business executives are meeting in Nigeria to encourage trade they say will create jobs on both continents.
The visit to Nigeria, expected to be among the top 10 economies in the world byRead More... |
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UAE consumers may benefit from low oil
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| The decline in the petroleum prices would result positively on inflation as there would be a slowdown in the rise of prices.
On Thursday, the UAE Ministry of Energy further cut the petroleum prices by up to seven per cent and diesel prices bRead More... |
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Dubai world's fourth most visited city in 2015, tourists up 7.5%
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| Dubai received 14.2 million overnight visitors last year, a 7.5 per cent increase, according to the United Nations World Travel Organisation.
The emirate’s tourism growth came despite a turbulent geo-political climate and currency issuRead More... |
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