UAE's Nakheel records $719m net profit in H1 2017

Though recent figures reflect a decrease from the company?s net profit for H1 2016, which stood at $803.16m, Nakheel is confident that it will achieve overall growth in profits for the year
Source: New feed

Abu Dhabi Global Market to open arbitration centre in 2018

The centre, expected to be fully operational by the first quarter of next year, will feature facilities for arbitration hearing that will be made available to all parties seeking dispute resolution services
Source: New feed

Power Storage Banks Shift Energy Industry

In October 2015, the Aliso Canyon gas fields in Southern California sprang a leak that took the state’s largest gas-storage system out of service.

Source: New feed

Agencies Boost H-2B Visa Total for 2017

The federal government has raised the limit on visas for temporary or seasonal workers in nonagricultural industries by as many as 15,000, or 23%, but employers seeking them must state, under penalty of perjury, that their businesses are “likely to suffer irreparable harm” without the new workers.

Source: New feed