BloomBerg Oil fell for a third day amid concerns over the US-China trade dispute, and signs of another increase in American crude stockpiles. Futures declined as much as 1.1% in New York. President Donald Trump’s speech disappointed investors after he gave little insight on how the impasse with Beijing will be resolved, and warned of higher tariffs if a deal ...
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ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, signed a Memorandum of Understanding (MoU) with Misk Foundation – during the three-day Misk Global Forum in Riyadh – that outlined steps towards creating a more dynamic market for startups between the UAE and Saudi Arabia. The MoU outlines steps towards building a larger shared ecosystem aimed at helping startups ...
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Abu Dhabi / Emirates Business Etihad Airways (Etihad), the national airline of the UAE, and the flag carrier of Pakistan, Pakistan International Airlines (PIA), relaunched their codeshare partnership to provide their customers with greater access to both airlines’ trunk routes between the UAE and Pakistan, and on Etihad services across its global network. The codeshare flights will be open for ...
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ABU DHABI / WAM Schlumberger on Wednesday signed an agreement with the Abu Dhabi National Oil Company (Adnoc), to support its In-Country Value (ICV), Programme, which is designed to catalyse socio-economic development, improve knowledge-transfer and generate jobs for UAE nationals. Through participation in Adnoc’s ICV Programme, Schlumberger plans to recruit and invest in the training of UAE nationals for the ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; and H.H. Sheikh Saif bin Zayed Al Nahyan, ...
Read More »ABU DHABI / WAM Egyptian President Abdel Fattah El Sisi arrived in Abu Dhabi on Wednesday on a two-day state visit to the UAE. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, led an entourage of Sheikhs, ministers and senior officials to welcome the Egyptian leader ...
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Abu Dhabi / WAM The strategic partnership between the UAE and Egypt in the field of government modernisation has translated the vision of the two countries’ leaderships in developing a common Arab model of government action according to the best international standards. In April 2018, the United Arab Emirates and the Arab Republic of Egypt launched a strategic partnership to ...
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ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), in collaboration with France’s Total, is to deploy drones and unmanned vehicles to collect 3D seismic data as it expands its search for new oil and gas resources throughout the emirate of Abu Dhabi. It will be the first time, in the region, the technology has been used to ...
Read More »Dubai / WAM Yousef bin Abdullah Al-Shalash, Chairman of Dar Al-Arkan Real Estate Development Company of Saudi Arabia, on Wednesday rang the market opening bell at Nasdaq Dubai to celebrate the listing of a $600 million sukuk. The listing supports the accelerating development activities of Dar Al-Arkan, one of the Middle East’s leading real estate developers, said a press release ...
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ABU DHABI / WAM Adnoc Distribution and Abu Dhabi Commercial Bank (ADCB), have entered into an agreement for ADCB’s digital banking solution, Virtual Accounts. The Virtual Accounts solution is enabling Adnoc Distribution to have tighter control of their cash management and better liquidity by speeding up the accounts receivable process. ADCB was the first local UAE bank to launch Virtual ...
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