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The Levant

Enoc expands network

The Emirates National Oil Company (Enoc) recently opened five new service stations in Dubai, expanding its network to 122 stations in the UAE. The group is on track to increase its fuel retail presence by 40 per cent by 2020, the company said in a statement. Two of the newly …

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Revealed: UAE expats who send most money

Remittances, which are essentially the money earned abroad and sent home by expatriate workers to their families, are the backbone of some economies outside the Gulf. Remitted funds are mainly used to cover the costs of basic expenses of dependents, including housing, food, education and medical bills. They also boost …

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Vision 2030 drives Saudi march to the future

Today, the Kingdom of Saudi Arabia celebrates its 88th National Day. It marks the day the Kingdom was unified under the founding King Abdul Aziz Bin Abdul Rahman Al Saud in 1932. On this occasion, we also celebrate the progress our great nation has made over the last nine decades …

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The Botswana government rebuts elephant killings

Meekaeel Siphambili Gaborone, Botswana: In response regarding the alleged indiscriminate killing of elephants in Botswana, the government has issued a statement rebutting the killings of elephants which were reported after the disarming or withdrawal of arms from Department of Wildlife and National Parks (DWNP) personnel. The government statement reads as …

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Iran military parade attacked by gunmen in Ahvaz

Gunmen have opened fire on an Iranian military parade in the south-western city of Ahvaz, killing at least 24 people, including civilians, and injuring more than 50, state media say. The attackers shot from a park near the parade and were wearing military uniforms, reports say. An anti-government Arab group, …

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Governments had no say in Rafale offset decision: Defence Ministry

Amid media reports of former French president Francois Hollande claiming that the Indian government suggested a particular private firm for Rafale offset contract, the Defence Ministry on Friday reiterated that neither government had any say in the “commercial decision”. “The report referring to former French president Hollande’s statement that government …

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Mubadala posts profit of Dh10.9b in H1 2018

Mubadala Investment Company on Thursday announced a profit of Dh10.9 billion for the first half of 2018 driven by strong revenues from public equities and operating companies in the petroleum and petrochemicals platform, the company said on Thursday. The Abu Dhabi based Mubadala also announced a total comprehensive income of …

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China refuses to weaken currency to boost exports

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world’s largest economies. Addressing a World Economic Forum event in the port …

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Can Human Hibernation take us to Mars?

By Anna Kucirkova   The problems of overpopulation and environmental issues have our world leaders considering what the next step is to ensure the survival of humanity. What are we to do once the population has reached the critical tipping point? What about if the earth become uninhabitable? Our sister …

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