News

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) and GE Gas Power on Wednesday announced a joint cooperation initiative to develop a decarbonisation roadmap that includes reducing carbon emissions from gas turbines used to power Adnoc’s downstream and industry operations, including at the world-scale Ruwais Industrial Complex, in Abu Dhabi in the United Arab Emirates. This initiative further ...

Dubai / Gulf Time Danube Group, Dubai’s leading building material, real estate and retail home furnishing, conglomerate is one of the first few companies who announced their new work week cycle starting January 1, 2022, in line with the UAE governments new directives of a shorter work week. The group intends to retain its two-day weekend (on Saturdays and Sundays) ...

Abu Dhabi / WAM Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) and Reliance Industries Limited (RIL), have agreed to launch Ta’ziz EDC & PVC, a world-scale chemical production partnership at the Ta’ziz Industrial Chemicals Zone in Ruwais. The new joint-venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC) production facility, with an investment of ...

ABU DHABI / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to target civilians and civil sites in Saudi Arabia with two ballistic missiles and bomb-laden drone, which were intercepted and destroyed by the Coalition Forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Tuesday, the UAE said recurrent terrorist ...

Abu Dhabi / WAM The total value of UAE’s non-oil trade over the past 50 years stood at AED18.3 trillion ($5 trillion), including AED11.8 trillion in imports, AED2.2 trillion in non-oil exports, and AED4.3 trillion in re-exports, according to the Federal Competitiveness and Statistics Centre (FCSC). The contribution of non-oil exports and re-exports to the UAE’s total non-oil foreign trade ...

Dubai / WAM Presenting its profile for category B candidacy in the International Maritime Organisation (IMO) Council at the organisation’s focus group in London, the UAE’s delegation has displayed very powerful contributions made to the sector over the years, that have influenced the industry globally. Boasting a rich maritime history, and a coastline of 1,650 kilometres, the UAE’s strategic location ...

DUBAI / WAM Under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, announced the listing of Tecom on the Dubai Financial Market (DFM). The listing is ...

Dubai / WAM The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Polish Chamber of Commerce signed two Memorandums of Understanding (MoU) aimed at strengthening the relations between the private sectors of the UAE and Poland. The MoUs also aim to establish a joint business council, promote economic cooperation, and develop commercial and investment relations between ...

ABU DHABI / WAM The UAE has strongly condemned the Houthi terrorist militias’ attempts to target civilians and civil sites in Saudi Arabia on Tuesday with two ballistic missiles and bomb-laden drone, which were intercepted and destroyed by the Coalition Forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Tuesday, the UAE said ...

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, on Tuesday opened the Middle East’s first Liquefied Petroleum Gas (LPG) Week at the Dubai World Trade Centre (DWTC). The three-day event themed ‘Energising Tomorrow’ is organised by the ...