Monday, August 19, 2019

Windmills and Batteries to Attract Billions in the Green Energy Revolution

(Bloomberg Markets) -- The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world.Read on for some key...
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Tourism Is Overwhelming the World’s Top Destinations

(Bloomberg Opinion) -- In 1953, mountaineers Tenzing Norgay and Edmund Hillary made the first confirmed summiting of Mount Everest, the world’s highest peak. Recently, Everest...
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Deflation Takes Hold in Abu Dhabi with Housing Pressuring Most

(Bloomberg) -- Deflation is becoming entrenched in the United Arab Emirates’ capital, Abu Dhabi.Consumer prices in oil-rich Abu Dhabi declined for a second consecutive month,...
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This airline route is a billion-dollar one, says airline data firm...

British Airway’s London Heathrow- New York JFK service is the only route which has managed to break the ‘billion-dollar barrier’, earning revenues of over...
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Dhofar Wind Farm marks a major milestone, starts generating electricity

Dhofar Wind Farm has achieved a major milestone by producing its first kilowatt hour of electricity after the project’s first wind turbine was connected...
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ADNEC contributes AED 2.3bn to Abu Dhabi’s Economy in H1 2019

Abu Dhabi National Exhibitions Company (ADNEC) and Al Ain Convention centre (AACC) have together contributed AED2.3bn to Abu Dhabi’s economy in the first half...
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Bank of Sharjah Is Said to Plan Dollar Bond Sale to...

(Bloomberg) -- Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the United Arab Emirates lender repay existing debt, people...
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Fujairah’s refined oil product stocks see eight-week high

Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah...
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Major Gulf markets open higher after Eid holidays

Most major Gulf markets traded in the positive today after returning from the Eid break, according to a Reuters report. Saudi Arabia and Oman...
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Mobile Phones Are Replacing Bank Accounts in Africa

(Bloomberg) -- It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane...
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