Saudi Arabia wants oil prices to rise to around $60 in 2017

The Organisation of the Petroleum Exporting Countries, Russia and other producers pledged last year to cut production by about 1.8 million barrels per day from January 1. – Times file picture The Organisation of the Petroleum Exporting Countries, Russia and other producers pledged last year to cut production by about 1.8 million barrels per day from January 1. – Times file picture Dubai/London: Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from Opec countries and the oil industry said.

Wisycom Appoints Al-Futtaim Technologies as New Dubai DistributorBy…

Al-Futtaim Technologies provides complete business solutions for a variety of customers, including networking solutions, IP telephony, infrastructure, contact center solutions, business applications, ELV systems, professional audio visual and broadcasting solutions, and managed services. “We are proud to announce the distribution of Wisycom products here at Al-Futtaim Technologies,” says Hassan Ali, Al-Futtaim Technologies.

Wisycom Appoints Al-Futtaim Technologies as New Dubai DistributorBy…

Al-Futtaim Technologies provides complete business solutions for a variety of customers, including networking solutions, IP telephony, infrastructure, contact center solutions, business applications, ELV systems, professional audio visual and broadcasting solutions, and managed services. “We are proud to announce the distribution of Wisycom products here at Al-Futtaim Technologies,” says Hassan Ali, Al-Futtaim Technologies.

ENOC constructs 10 new service stations in 2017

ENOC announced ambitious plans to build 10 new service stations in 2017, as part of its 2020 expansion programme to increase its retail network capacity by 40 per cent. The Group’s plans for this year commenced with the opening of its new Warsan service station, to serve the community in the emirate’s Eastern region.

Trump sons open Dubai golf club as namesake now US president

Two of U.S. President Donald Trump’s sons ceremonially opened a Trump-branded golf club in Dubai on Saturday, meeting privately with Emirati elites as questions remain about how separated their father is from the empire bearing his name. Eric and Donald Trump Jr., who now lead the Trump Organization, watched as fireworks lit the sky over the Trump International Golf Club in Dubai, on the outskirts of the city-state home to the world’s tallest building and other architectural marvels.

Street art transforming Dubai’s urban sprawl

The streets of Dubai may be known for architectural superlatives like Burj Khalifa, the highest of the world’s high-rises, and the Middle East’s largest shopping center Dubai Mall. But a group of street artists now also wants to turn the concrete walls of a fast-growing urban sprawl into an open-air museum that celebrates Emirati heritage and speaks to everyone in the multicultural city.

Justin Bieber to perform in India

All the Indian ‘Beliebers’ are in for a treat as American pop sensation Justin Bieber is bringing his ‘Purpose World Tour’ to the country with a performance on May 10 in Mumbai. Apart from India, the Asia leg of the tour comprises Tel Aviv in Israel and Dubai in the United Arab Emirates, according to promoters of the tour White Fox India.

Justin Bieber to perform in India

All the Indian ‘Beliebers’ are in for a treat as American pop sensation Justin Bieber is bringing his ‘Purpose World Tour’ to the country with a performance on May 10 in Mumbai. Apart from India, the Asia leg of the tour comprises Tel Aviv in Israel and Dubai in the United Arab Emirates, according to promoters of the tour White Fox India.

Coming soon to Dubai: A flying passenger-carrying drone

Commuters who’ve dreamed of hitching a ride to work on a flying drone may soon get their wish – if they’re in Dubai, anyway. In the latest move to ease traffic congestion, the United Arab Emirates city rolled out a passenger-carrying drone on Monday, announcing a plan to have regular operations of the drone by July.

Alleged Louvre attacker’s father says son is not a terrorist

In this still image made from video provided by the Dubai-based news channel al-Hadath, the father of the alleged Louvre attacker, Egyptian-born Abdullah Reda Refaie al-Hamahmy, 28, Reda Refae al-Hamahmy, left, gives an interview to al-Hadath, in his Nile Delta home, aired Saturday, Feb. 4, 2017, in which he said he was shocked to learn of his son’s alleged involvement. “All I want is to know the truth and find out whether he is dead or alive,” the father said.

Louvre museums reopens; Egypt identifies machete attacker

The Louvre Museum reopened to the public Saturday, less than 24 hours after a machete-wielding assailant shouting “Allahu akbar!” attacked French soldiers guarding the sprawling building and was shot by them. The worldwide draw of the iconic museum in central Paris, host to thousands of artworks including the “Mona Lisa,” was on full display on a drizzly winter day as international tourists filed by armed police and soldiers patrolling outside the site, which had been closed immediately after Friday’s attack.

Louvre museums reopens as Egypt identifies machete attacker

The Louvre in Paris reopened to the public Saturday morning, less than 24-hours after a machete-wielding assailant shouting “Allahu Akbar!” was shot by soldiers. In drizzly weather, tourists filed by armed police and soldiers outside the central Paris museum, which had been closed immediately after Friday’s attack.

Your Body: What Is Salt Therapy?

Mason comes to the RDC f… – Students protesting a talk given by the conservative co-founder of Vice Media at New York University on Thursday led to the arrest of 11 people, according t… – The U.S. Department of the Treasury Friday announced new sanctions on Iran, one day after President Donald Trump tweeted that the country has been put “on… The group HumaneWatch.org, a project of the Center for Consumer Freedom, is taking an anti-Humane Society of the United States commercial mainstream Sunday during the Super B… Thirty-three high school seniors signed National Letters of Intent to play football at Chadron State College on National Signing Day, February 1, according to CSC head footbal… — Tiger Woods has pulled out of the Omega Dubai Desert Classic.

Man Sends Flowers to His Sick Dog, His Wife Is Not Impressed

Mason comes to the RDC f… – Students protesting a talk given by the conservative co-founder of Vice Media at New York University on Thursday led to the arrest of 11 people, according t… – The U.S. Department of the Treasury Friday announced new sanctions on Iran, one day after President Donald Trump tweeted that the country has been put “on… The group HumaneWatch.org, a project of the Center for Consumer Freedom, is taking an anti-Humane Society of the United States commercial mainstream Sunday during the Super B… Thirty-three high school seniors signed National Letters of Intent to play football at Chadron State College on National Signing Day, February 1, according to CSC head footbal… — Tiger Woods has pulled out of the Omega Dubai Desert Classic.

ISACA Announces 2017 Global Events

ISACA, a global association serving IT assurance, governance and cybersecurity professionals, announced its 2017 event schedule, which includes expansion in all types of learning. Serving professionals in 180 countries, ISACA offers education, networking, credentialing and career development opportunities.

UAE developer Nakheel announces record $1.35B net profit

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. UAE-based Nakheel , one of the world’s leading developers, has announced a record net profit of Dh4.96 billion for 2016 – the highest in the company’s history – up 13 per cent over Dh4.38 billion the previous year, thus indicating a stable and mature real estate sector in Dubai.

CEO of Dubai airport offers to help Trump, US improve hubs

Dubai International Airport would welcome a call from the Trump administration on ways to improve American airports, the CEO of the Mideast hub said on Tuesday as it retained the title of the world’s busiest for international travel. Paul Griffiths said the Dubai airport, the home of long-haul carrier Emirates and often lauded by U.S. President Donald Trump during his campaign, saw 83.6 million passengers in 2016.

10 Things to Know for Today

Jake Hart, 13, plays in the rising floodwater during a storm in Seal Beach, Calif., Sunday, Jan. 22, 2017. The heavy downpour on Sunday drenched Orange County in one of the heaviest storms of the year.

Dubai has new rules after high-rise fires, but few details

New fire safety rules have come to Dubai after a series of skyscraper fires that marred its futuristic skyline, but authorities offered few details Sunday about how they’ll force owners to replace flammable siding with better material. Most of the fires have been fueled by paneling on the sides of many buildings in Dubai, known as cladding.

eProseed to Support 11th MENA Regulatory Summit

The summit will cover the main topical challenges faced by the regulatory authorities and the GRC community, a debate in which eProseed has a pivotal role to play as the publisher of FSIP, a comprehensive financial supervision solution dedicated to Central Banks, Financial Regulators and Supervisory Authorities. Capellen, Luxembourg, January 22, 2017 — — The 11th MENA Regulatory Summit will take place in Dubai, UAE, in association with the Dubai Financial Services Authority and under the patronage of H.E. Sultan bin Saeed Al Mansouri, the UAE Minister of Economy.

US transfers 10 Guantanamo prisoners to Oman

DUBAI, United Arab Emirates – Oman said Monday it accepted 10 inmates from the U.S. prison at Guantanamo Bay ahead of President Barack Obama leaving office, part of his efforts to shrink the facility he promised to close. There was no immediate word from the U.S. Defense Department about the transfer.

Dubai’s DAMAC confirms offering $2B in deals to Trump

Dubai-based developer DAMAC Properties said Wednesday it recently offered $2 billion in deals to President-elect Donald Trump’s company, which rejected them. The developer already has partnered with the Trump Organization to manage and run two golf courses in the glamorous city in the United Arab Emirates.

United Arab Emirates says 5 diplomats killed in Afghan blast

The United Arab Emirates announced on Wednesday that five of its diplomats were killed in a bombing in southern Afghanistan the day before, one of the worst attacks to target the young nation’s diplomatic corps. The federation of seven sheikhdoms, founded in 1971 on the Arabian Peninsula, said it would immediately fly the nation’s flag at half-staff for three days in honour of the dead from the attack Tuesday in Kandahar.

DEWA inaugurates new 132/11 main power substation to enhance transmission networks in Al Quoz 4 area

Dubai Electricity and Water Authority , in collaboration with Meraas Holding, has inaugurated a new 132/11 kV substation with a total capacity of 150 Megavolt Amperes at Al Quoz 4, to meet the increasing demand for electricity. This is part of DEWA’s commitment to its growing portfolio of development projects, particularly in its efforts to install main substations across Dubai.

BP Gains Abu Dhabi Oil Field Stake for $2.2 Billion in Stock

BP Plc cemented its 77-year relationship with Abu Dhabi by swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions. The U.K.’s second-biggest oil group will issue new ordinary shares to pay for 10 percent of the Abu Dhabi Company for Onshore Petroleum Operations Ltd., giving the emirate a 2 percent holding in BP, the London-based company said Saturday in a statement.