News

Abu Dhabi / WAM Mubadala Petroleum on Wednesday announced the appointment of Mansoor Mohamed Al Hamed as Chief Executive Officer (CEO) of the international oil and gas exploration and production company, which is a wholly-owned subsidiary of Mubadala Investment Company (Mubadala). Al Hamed succeeds Dr Bakheet Al Katheeri, who was recently appointed to an executive leadership position in the newly ...

SHARJAH / WAM Sharjah developer Arada announced the award of a contract to build “Nest”, an integrated student housing complex based at its Sharjah megaproject Aljada. The AED367 million contract was won by Intermass Engineering and Contracting Company, a Sharjah-based contractor with more than 40 years’ experience in the regional construction industry, which has also worked on previous phases at ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 185,502 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Wednesday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

DUBAI / WAM Digital connectivity and the changing nature of travel and tourism in the reality of the pandemic were just some of the key themes explored by travel experts, international participants and Official Partners, including Emirates and Etisalat, as Expo 2020 Dubai continued its pre-event programme. Covering key sectors such as mobility, transport and logistics, governance, education and travel, ...

ABU DHABI / WAM Economic and commercial activities in the UAE continued their positive run in the first half of February 2021, reflecting the growing confidence of local and foreign investors in the national economy. Recent statistics issued by the National Economic Register showed that over 4,300 new licences for economic and commercial activities around the country were issued in ...

DUBAI / WAM The Ministry of Energy and Infrastructure has revealed that it is implementing 129 development projects worth approximately AED11.8 billion, as part of the ministry’s five-year plan (2018-2023). Hassan Mohammed Juma Al Mansouri, Under-Secretary of the Ministry of Energy and Infrastructure, told the Emirates News Agency (WAM), that the nationwide developments include constructing 70 government buildings at a ...

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a cooperation agreement with Tel Aviv Chamber of Commerce (TACC), represented by the Federation of Israeli Chambers of Commerce, during a virtual meeting, to increase trade cooperation in a number of business-related sectors. According to the agreement, both sides will jointly work to extend bridges ...

ABU DHABI / WAM The UAE has strongly condemned the terrorist attack that targeted various areas in Iraq’s Kurdistan region and killed several innocent people and injured others. In a statement, the Ministry of Foreign Affairs and International Cooperation stressed that the UAE strongly condemns these criminal acts and fully rejects all forms of violence and terrorism aimed at destabilising ...

Bloomberg Oil held gains in New York after rising above $60 a barrel for the first time in a year as a deepening energy crisis in the US disrupted crude production and forced the shutdown of some of the nation’s biggest refineries. As much as 1.7 million barrels a day of oil output has halted and deliveries via pipeline suspended ...

N’DJAMENA / WAM Sheikh Shakhbut bin Nahyan bin Mubarak Al Nahyan, Minister of State, has met with President Idriss Deby Itno of Chad, on the sidelines of the two-day seventh regular session of Heads of State of the G5 Sahel summit in the Chadian capital N’Djamena. During the meeting, the two sides reviewed bilateral relations and ways to further develop ...