Local News

Abu Dhabi / WAM The size of Japanese investments in Abu Dhabi reached approximately AED6.1 billion by end of 2017, while the number of trade licenses issued to Japanese investors in Abu Dhabi reached 32. Similarly, the value of non-oil trade between Japan and Abu Dhabi stood at AED9.803 billion between January and October 2018, compared to AED8.320 billion in ...

Abu Dhabi / WAM By the end of 2017, there were 60 hospitals with a total capacity of 5,536 beds, according to the ‘Abu Dhabi in Figures’ report released by the Abu Dhabi Statistic Centre (SCAD), on Tuesday. “Abu Dhabi has 9,444 physicians, 27,568 nurses, 802 pharmacies and 700 clinics,” SCAD said. For the education sector in the 2016 -2017 ...

NEW DELHI / WAM The UAE will participate in the ‘Vibrant Gujarat Global Summit’, which will be held in the Indian state of Gujarat from January 18-20, 2019. The UAE will participate as a partner country for the second consecutive year. Dr. Ahmed Abdul Rahman Al Banna, UAE Ambassador to India, said that the UAE will participate in the summit ...

Dubai / Emirates Business Arab Health, the largest exhibition for healthcare and trade professionals in the Mena region, has announced that more than $778 million worth of business was generated by exhibitors during the 2018 edition of the show. This figure is in line with Alpen Capital’s projections that GCC healthcare spend will reach $104.6 billion in 2022 from an ...

ABU DHABI / WAM Mubadala Petroleum announced that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s share in the Nour North Sinai Offshore Area ‘Nour’ concession, an offshore exploration block in Egypt. Eni is the operator of the concession through its subsidiary (IEOC). In the concession, which is in participation with Egyptian Natural Gas ...

DUBAI / WAM Sultan Ahmed bin Sulayem, Group Chairman and CEO of global trade enabler DP World, rang the market-opening bell on Monday to celebrate the multi-currency listing on Nasdaq Dubai of four debt listings. The four listings together amount to a value of about $3.3 billion. The listings comprise a 10-year $1 billion and three conventional bonds of 30 ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) signed, on Monday, a framework agreement with Saudi Aramco, to explore potential opportunities for collaboration in the natural gas and liquefied natural gas (LNG) sectors. The cooperation brings together two of the world’s leading energy producers from the Arabian Gulf to work together in an area of strategic importance ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Barham Ahmed Salih of Iraq discussed bilateral relations between the UAE and Iraq and means of developing them across various sectors. During the meeting, held at the Presidential Palace in Abu Dhabi, ...

Abu Dhabi / WAM Total is in talks with the Abu Dhabi National Oil Company (Adnoc) to develop the Abu Dhabi petrochemicals and downstream sector, according to Hatem Nuseibeh, President Total E&P UAE- Total Country Chair in the UAE. “We are a company for whom Adnoc is very important. Adnoc has been going through huge changes over the past period ...

Dubai / WAM As part of the third Annual Meeting of the Global Future Councils, the Global Future Council on Virtual and Augmented Reality explored the opportunities and challenges of virtual reality with the prevalence of future technologies in different aspects of our daily life, where electronic devices and innovations became an integral part of it. The participants discussed the ...