Local News

UAE tops in Mena with AED2.45tn brand value

ABU DHABI / WAM The UAE leads the way as the strongest and most valuable brand in the Middle East and Africa (Mena) and ranked 18th globally at AED 2.45 trillion ($672 billion), according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy. The ranking places the Emirates at 18th, a rise of two places ...

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Noura Al Kaabi tours Dubai Design Week

DUBAI / WAM Noura bint Mohammed Al Kaabi, UAE Minister of Culture and Youth, has visited Dubai Design District, d3, a member of TECOM Group, for a tour of the outdoor installations and exhibitions at Dubai Design Week, the region’s largest cultural event held under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai ...

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UAE officials participate in Paris Peace Forum

ABU DHABI / WAM Zaki Nusseibeh, Minister of State, led the United Arab Emirates delegation’s participation in the recently concluded Paris Peace Forum. The event is an annual forum that brings together participants from civil society, government, and the private sector to focus on innovative solutions for tomorrow. The UAE delegation also included Yacoub Yousef Al Hosani, Assistant Minister for ...

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UAE, US discuss cybersecurity cooperation in energy sector

Abu Dhabi / WAM Mohamed Ibrahim Al Hammadi, Chief Executive Officer of the Emirates Nuclear Energy Corporation (Enec) held virtual talks with Mark W. Menezes, US Deputy Secretary of Energy, to discuss the latest developments in the energy sector and identify areas of cooperation. John Rakolta, the US Ambassador to the UAE was also present during the discussion focused on ...

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Adnoc unit inks long-term LNG supply deals with Vitol, Total

Abu Dhabi / WAM Adnoc LNG signed up to a six-year supply agreement with Vitol for the sale of 1.8 million tonnes per annum (mtpa) of post-2022 LNG volumes and a two-year supply agreement with Total for 0.75 mtpa of 2021 and 2022 LNG volumes. These new agreements represent a continuation of the trusted relationship Adnoc has built with Vitol ...

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Adnoc, Total deliver first volumes of unconventional gas from UAE

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), and Total on Wednesday announced the delivery of the first unconventional gas from the UAE. The unconventional gas was delivered from the Ruwais Diyab Unconventional Gas Concession located 200 kilometres west of Abu Dhabi city. This achievement marks a significant milestone towards future full field development and is an ...

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Adnoc announces launch of Virtual Energy Centre

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the launch of the Adnoc Virtual Energy Centre, an online platform that provides an immersive experience across Adnoc’s full value chain. The energy centre was launched on the sidelines of the Abu Dhabi International Petroleum Exhibition Conference (Adipec), which is taking place virtually. Designed within a ...

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UAE countering Covid-19 with digital health services

Abu Dhabi / WAM The Covid-19 pandemic is a global challenge that highlighted the necessity of updating the health sector’s methods of operating and improving digital health services and telemedicine. The digital health services provided by the UAE during the pandemic have helped ensure the safety of the community and offered healthcare services without requiring people to travel to medical ...

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Adnoc Distribution 9-month net profit reaches AED1.58bn

Abu Dhabi / WAM Adnoc Distribution reported on Wednesday that its underlying Ebitda for the first nine months of 2020 grew to AED2,554 million, with net profit of AED1,581 million. For the third quarter, underlying Ebitda (Earnings before interest, taxes, and amortisation) was AED 1,132 million, while net profit stood at AED 671 million. Free cash flow generation remained solid ...

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Etihad unveils 49-hour National Day sale

Abu Dhabi / WAM Etihad Airways announced a 49-hour National Day sale where customers can book a getaway with a AED 49 deposit and pay nothing until 21 days before their trip. “Travellers can jet off any time before September 30, 2021 for less, and lay back and relax at a luxury resort, explore ancient architecture or spend the weekend ...

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