Local News

Preparations to host Adipec 2018 finalised

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec), has announced that it has finalised preparations to host the 21st edition of the Abu Dhabi International Petroleum Conference (Adipec 2018). Held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, from November 12-15, Adipec is one of the world’s largest, most important and influential meeting ...

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Global energy leaders descend on Abu Dhabi for CEO roundtable

ABU DHABI / WAM Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry. The senior executives, representing many of the world’s major oil, gas and petrochemical companies, have been invited ...

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Sharjah airport passenger traffic up 6.55%

Sharjah / WAM In the third quarter of this year, Sharjah Airport received 3.32 million passengers, an increase of 6.55 percent over the same period last year when 3.118 million passengers used the airport. The airport handled 22,210 regular and irregular flights, an increase of 5.64 percent over the same period last year when there were 21,026 flights, and the ...

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Abu Dhabi Diplomacy Conference launches next week

Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), on Wednesday announced at a press conference that it will host the inaugural edition of the Abu Dhabi Diplomacy Conference that is set to provide a premier interdisciplinary platform to discuss the latest innovations, trends and challenges in the field of diplomatic practice. Held under the patronage of HH Sheikh Abdullah ...

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Govt deposits in UAE banks reach record AED286bn

ABU DHABI / WAM Government deposits in UAE-based banks hit an all-time-high of AED286 billion by the end of September 2018, up AED74 billion in the first nine months of the year, according to the Central Bank of the UAE statistics. The growth is attributed to rising oil prices, which grew by 35 percent during the past 12 months, reflecting ...

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Dubai’s non-oil foreign trade tops AED965bn

DUBAI / WAM Signifying Dubai’s rising role in global trade, the emirate’s external non-oil trade in the first nine months of 2018 reached AED965.3 billion. Re-exports registered 13 percent growth to touch AED299.2 billion, while imports reached AED592.2 billion, and exports AED97.7 billion. Dubai Customs, which released the emirate’s external trade figures, applauded this achievement and attributed the high performance ...

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Ministers, CEOs to discuss energy trends at Adipec

ABU DHABI / WAM Government ministers fr-om 18 countries and over 80 leading oil and gas CEOs will meet in Abu Dhabi next week, as 2018 Abu Dhabi International Petroleum Exhibition and Conference (Adipec) commences amid a background of unprecedented change for industry. Hosted by Adnoc and su-pported by UAE Ministry of Energy and Industry, Abu Dhabi Chamber of Commerce ...

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2-day Gulfood Manufacturing event opens

DUBAI / WAM HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation, opened on Tuesday the Gulfood Manufacturing, the largest and most influential trade show for the food processing and manufacturing sector in the Menasa region, at Dubai World Trade Centre. Strong market demand has promoted an exhibitor intake of over ...

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UAE, China discuss ways of reinforcing parliamentary ties

BEIJING / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), on Tuesday discussed, with Wang Yang, President of the National Committee of the Chinese Political Consultative Conference, ways of reinforcing the overall parliamentary relations between the UAE and China, based on friendship and mutual respect and achieving their mutual interests. They also discussed ways of ...

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$50mn UAE-Caribbean renewable energy fund projects underway

ABU DHABI / WAM The first three renewable energy projects under the $50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF), have broken ground in the Bahamas, Barbados and Saint Vincent and the Grenadines, the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC), announced on Tuesday. Fully financed by the Abu Dhabi Fund for Development (ADFD), the UAE-CREF is ...

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