Local News

Abu Dhabi / WAM More than thirty two of Russia’s major oil and gas companies will be exhibiting at this year’s ADIPEC exhibition in Abu Dhabi. The companies will be hosted at a Russian pavilion covering almost 600 square meters, almost six times the size of last year’s 105 square meter pavilion, and include manufacturers, suppliers and producers as well ...

Abu Dhabi / WAM Hatem Al Mosa, Chief Executive Officer of the Sharjah National Oil Corporation (SNOC), said that Sharjah’s strong pipeline network can deliver any amount of gas to the market. Speaking at the UAE Ministry of Energy and Industry Knowledge Series panel discussion entitled, “Oil and Gas Outlook to 2020, What Stage of Cycle are We in?” on ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), has extended an Abu Dhabi government grant worth $45 million (AED165 million) to Colombia. Aimed at underpinning social development, the grant will assist in establishing a network of education and health centres, in addition to launching a programme to support small and medium enterprises, SMEs. Mohammed Saif Al Suwaidi, Director-General of ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, over 200 global health leaders will gather in Abu Dhabi on Wednesday, for ‘Reaching the Last Mile – Mobilising Together to Eliminate Infectious Disease’. This milestone convening of government officials, ...

ABU DHABI / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals further strengthened its executive management team with the appointment of Ali Shaukat as Senior Vice President for Risk Management. With more than 28 years’ experience, in-depth industry knowledge and technical skills across various industries in Canada, Middle East, ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) has finalised its preparations to host 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 conference, entitled ‘Drivers of Growth in Organisations of the 21st Century: Harnessing the ...

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology, a research university dedicated to the advancement of learning through teaching and research and to discovery and application of knowledge, has announced it is participating through Petroleum Institute as an academic partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017. ADIPEC, which opened today, runs ...

ABU DHABI / WAM A total of AED13.2 billion worth of purchase and sales transactions in shares of First Abu Dhabi Bank (FAB) have been conducted since the merger of the National Bank of Abu Dhabi and First Gulf Bank in April 2017 to create one of the region’s largest banking entities. FAB deals accounted for 17.3 percent of total ...

Abu Dhabi / WAM Business France, the national agency supporting the international development of the French economy, is once again organising a French collective pavilion at ADIPEC, where some 40 companies representative of the industry’s various sectors will be presenting their products, services and expertise to local professionals with a view to developing or strengthening partnerships. With major reserves (48% ...

Abu Dhabi / Emirates Business Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the MENA region and one of the most progressive insurance companies in the UAE, reported strong financial results by achieving a combined net profit of AED52 million (Policyholders and Shareholders before Qard Hasan) and an underwriting profit of AED41.4 million as at end ...