Local News

Adnoc awards AED7.1bn deals for drilling growth

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Thursday announced framework agreement awards valued at $1.94 billion (AED 7.1 billion) to enable drilling growth. The awards build on Adnoc’s recent record investments in drilling-related equipment and services and support its strategy to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 ...

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UAE’s F&B imports from LatAm hit $1.9bn in 2020

  Dubai / WAM The UAE’s food and beverage imports from Latin America (LatAm) reached $1.9 billion in 2020 as the Gulf country expanded its efforts to enhance food security, new analysis from the Dubai Chamber of Commerce has revealed. The findings, released on the sidelines of Gulfood 2022, will be discussed in further detail at the 4th Global Business ...

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UAE and Jamaica sign pact on cybersecurity

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended the signing of a memorandum of understanding (MoU) on cybersecurity between the UAE and Jamaica at Expo 2020 Dubai. The MoU was signed by Dr Kamina Johnson-Smith, Minister of Foreign Affairs and Foreign Trade of Jamaica, and Dr Mohamed ...

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Sharjah, Cuba to bolster investment cooperation

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with its Cuban counterpart enhancing joint work to develop commercial activity and areas of economic cooperation between them. The two sides also explored available investment opportunities while highlighting the importance of strengthening communication mechanisms to organise mutual visits of business owners, missions and trade delegations. This ...

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Dubai imports 8mn tons of food in 2021

  DUBAI / WAM Dubai has imported eight million tons of food during 2021 and re-exported 6.277 million shipments through all its ports, a Dubai Municipality press release said on Thursday. Dubai also issued 78,812 food export health certificates, while the quantity of food exported last year amounted to 3.272 tons to 157 countries after verifying their safety and compliance ...

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ADFD, Guinea to boost economic cooperation

  Abu Dhabi / WAM Mohamed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received a delegation from Guinea-Conakry, headed by Ousmane Domboya, adviser to the president. The discussion focused on expanding economic cooperation. The meeting was attended by Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD; and other officials from both sides. Extending ...

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UAE calls for ending appeasement of Houthi terrorist group in Yemen

  NEW YORK / WAM The United Arab Emirates has called for an end to the appeasement of the Houthi terrorist group in Yemen during a United Nations Security Council briefing on the situation in the country. The council was briefed by Hans Grundberg, UN Special Envoy for Yemen; Martin Griffiths, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator; ...

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Tawazun to unveil new projects at Umex 2022

  ABU DHABI / WAM Tawazun Economic Council (Tawazun) is set to highlight new initiatives that focus on enabling the defence and security industry and facilitating ecosystem growth, at the Unmanned Systems Exhibition (Umex) and Simulation and Training Exhibition (Simtex) 2022. Opening on February 20, the exhibition, and accompanying conference, is held under the patronage of His Highness Sheikh Mohamed ...

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ADX inks deal with Borsa Istanbul to enhance technology infrastructure

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) has signed an agreement with Borsa Istanbul wherein the latter will provide consultancy services and implementation support to Abu Dhabi Securities Exchange in the information technologies. The signing of the agreement came during the visit of the President Recep Tayyip ErdoÄŸan of Turkey, to the UAE on February 14. The ...

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DMCC launches unique growth programme

  Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, on Wednesday announced that it has partnered with C3 (Companies Creating Change), to launch the Impact Scale-Up Programme. C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey, while the DMCC is the UAE’s ...

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