DUBAI / Emirates Business Emirates SkyCargo signed a Memorandum of Understanding (MoU) with Mohammed Bin Rashid Space Centre (MBRSC) to become the preferred logistics partner for the Dubai based space science and advanced technology research and development centre. The MoU was signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates …
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Dubai / Emirates Business Dignitaries, government and business leaders, and industry experts from the UAE and around the world gathered in Dubai on Tuesday for the International Conference launching the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 2nd cycle of the MRM Business Innovation Award. The high-profile event, entitled “Drivers of Growth in …
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ABU DHABI / Emirates Business Achievements in the oil and gas industry have been honoured, with the presentation of the prestigious ADIPEC Awards, rounding out the opening day of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The ADIPEC Awards recognise the achievements of businesses, initiatives and individuals shaping the rapidly changing industry. ADNOC’s Onshore CEO and ADIPEC Awards Chairman, …
Read More »Dubai / Emirates Business emaratech launched a series of products that will soon be in action at the airports enhancing passenger experience as well as improving baggage handling efficiency during the 15th Edition of Dubai Airshow. emaratech’s Airport Smart Trolley comes with a web-based dashboard that allows the airport to locate and send notifications during shopping to individual passengers, channelise …
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Abu Dhabi / Emirates Business The Khalifa University of Science and Technology has on Tuesday announced that Abu Dhabi will host the Institute of Electrical and Electronics Engineers (IEEE) Global Communications Conference (Globecom) 2018, the world’s largest telecommunications research conference. The announcement was made during a press conference organized at the campus. To be held from December 9-13, 2018 at …
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ABU DHABI / AGENCIES The CEO of the Abu Dhabi National Oil Company (ADNOC) Dr Sultan Al Jaber, announced that ADNOC intends to sell a minority stake of its fuel distribution and convenience retail store subsidiary, ADNOC Distribution, via an IPO on the Abu Dhabi Securities Exchange (ADX) before the end of the year. The company aims to sell at …
Read More »ABU DHABI / WAM Suhail Al Mazrouei, Minister of Energy and Industry, has said that the current recovery of the oil market is due to market forces which benefit OPEC and shale oil producers alike. He made his comments while taking part in the UAE Ministry of Energy and Industry Knowledge Series panel discussion entitled, “Oil and Gas Outlook to …
Read More »Bloomberg Abu Dhabi’s state fund is looking to expand its energy investments, with $5 billion spent in the past few months in nations that can offer low costs such as the US, according to the head of Mubadala Investment Co.’s oil and chemicals projects. “If you think about the low cost environment, the US ranks very high because of the …
Read More »ABU DHABI / WAM British Petroleum (BP) is planning to raise recovery rates from oilfields in Abu Dhabi to 60-70 percent from the current level of around 30-40 percent, according to a senior official at the British oil giant. Salem bin Ashoor, General Manager and Chief Representative of British Petroleum UAE, said, “We can see the opportunity in the long …
Read More »ABU DHABI / WAM The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has issued a consultation paper inviting public feedback on its proposal to introduce a new remote membership framework, as well as various other amendments to enhance ADGM’s capital market regime. By enabling brokers located outside of the ADGM to access exchanges and clearing houses …
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