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Adnoc awards AED5.62b contract to expand its offshore operations

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth AED5.62 billion ($1.53 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon-intensity oil and gas. Adnoc Offshore awarded the two-year contract which ...

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Burjeel Holdings successfully lists on ADX, raises over AED1.1b

  Abu Dhabi / WAM Burjeel Holdings PLC listed on Monday on the Abu Dhabi Securities Exchange (ADX), following the completion of its initial public offering (IPO). The IPO, which raised gross proceeds of more than AED1.1 billion for the offering of 11 percent of the company’s total issued share capital, attracted total gross demand of more than AED32.0 billion ...

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MoHRE showcases latest smart systems at Gitex

  Dubai / WAM The Ministry of Human Resources and Emiratisation’s (MoHRE) participation at Gitex Global, the world’s largest tech show that is being held this year until October 14, in the Sheikh Saeed Hall at the Dubai World Trade Centre, will revolve around showcasing its latest smart systems, including the rapidly-updated MoHRE app. In line with its directives to ...

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ISNR Abu Dhabi 2022 kicks off at Adnec

  Abu Dhabi / WAM The 7th edition of the International Exhibition of National Security and Resilience (ISNR Abu Dhabi 2022) opened on Monday under the patronage of HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior. The exhibition is organised by Adnec group in cooperation with the Ministry of Interior and ...

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SCDTA launches ‘SharjahVerse’, ‘Shj AI Guide – Robot’

  Dubai / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) is harnessing the power of emerging technologies to enrich user experience with the launch of its innovative AI- and Metaverse-based projects at Gitex Global 2022, an inclusive tech show that brings together enterprises, governments, startups, investors, coders, academia and youth. Announcing the launch at a press conference at ...

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Even a Lula victory might not restore Brazil’s forests

To hear many people talk, the fate of the planet hangs in the balance depending on the outcome of the second-round vote in Brazil’s election. On one side is Luiz Inacio Lula da Silva, the leftist who all but halted the logging of the Amazon in his term as president from 2003 to 2010. On the other is Jair Bolsonaro, ...

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College students don’t need hunger lessons

  College students and nutrition don’t always go together. Spend time on campus and sooner or later somebody will brag about a finals week fueled on cheap ramen, or weekends spent subsisting on leftover pizza. Similar diets in young schoolchildren would be cause for alarm; When they occur in college, outsiders and students alike tend to laugh them off or ...

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Credit Suisse’s Hong Kong bankers deserve some love

  Here is the pitfall of working at a multinational. Calamities elsewhere, such as bad business decisions made thousands of miles away, can lead to major overhauls across the board, sapping growth prospects everywhere and denting employee morale. This is especially true now at Credit Suisse Group AG, whose new management team promised to unveil an emergency strategy review later ...

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Don’t close the doors to Russia’s refuseniks

  In the days since Vladimir Putin ordered Russia’s largest mobilization since World War II, some 400,000 Russians have fled the country, with many more attempting to follow. Some neighbors, including European Union states, are fretting about the consequences. The reluctance of front-line countries to absorb new waves of Russian exiles is understandable — but closing the doors to them ...

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