News

DUBAI / WAM Dubai International Financial Centre (DIFC), on Sunday announced the signing of a Memorandum of Understanding with China Banking Association (CBA), noting that the move will be a significant addition to the Centre’s global network of strategic partnerships. DIFC and CBA will collaborate on sharing best practices and delivering enhanced services to their communities of over 2,000 active ...

Abu Dhabi / WAM The UAE is home to one of the world’s leading peaceful nuclear energy programmes, said Patrick Reyners, Secretary-General of the International Nuclear Law Association, INLA, while noting that the country’s coordinated efforts are unique, and the achievements of the Barakah Nuclear Plant are impressive. In a statement to the Emirates News Agency (WAM), on the sidelines ...

Dubai / WAM The International Institute for Tolerance, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, has announced the list of speakers for the World Tolerance Summit (WTS) sessions, which will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, on November 15-16. With ...

Dubai / Emirates Business Etisalat on Sunday announced its strategic partnership with National Petroleum Construction Company (NPCC), part of SENAAT Abu Dhabi, to implement Artificial Intelligence solutions for remote sensing, real time data, autonomous vehicles, and predictive analytics improving response time with all their consumers. The MoU was signed by Sultan Mohamed Al Dhaheri, General Manager, Etisalat Abu Dhabi, and ...

Abu Dhabi / WAM Abu Dhabi’s Supreme Petroleum Council (SPC) approved, on Sunday, the Abu Dhabi National Oil Company’s (Adnoc) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per day (mmbpd) at the end of 2020 and 5mmbpd by 2030. The SPC meeting was presided over by His Highness Sheikh Mohamed bin ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, attended the second edition of the World Youth Forum 2018, along with Abdel Fattah El Sisi, President of Egypt. The forum, taking place in Sharm El Sheikh, will run until November 6. Five thousand young individuals are currently participating in the ...

Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq), has announced exclusive updates about ten latest additions to its portfolio of hospitality projects and eco-destinations at World Travel Market 2018, (WTM) which rolls out on Monday, at the ExCeL in London, UK, and will conclude on November 7. Exhibiting at the Sharjah Pavilion led by Sharjah Commerce and Tourism Development ...

ABU DHABI / WAM The International Fund for Houbara Conservation (IFHC), on Sunday in Abu Dhabi hosted an international summit dedicated to the conservation of the Houbara bustard, a bird synonymous with Arabic culture. The summit, ‘Conservation Through Government Action’, was officially opened by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment. In his opening address, Dr ...

Bloomberg Royal Dutch Shell Plc stepped up its share buyback program as cash flow surged on higher crude prices, even as profit fell slightly short of expectations. Cash flow from operations including working capital movements was $12.09 billion in the third quarter, the highest since 2014. The company said it will repurchase $2.5 billion of shares up to January 28, ...

Bloomberg Encana Corp. agreed to buy US shale producer Newfield Exploration Co. in its largest-ever acquisition, inflaming investors’ ire by reversing course on a strategy of slimming down its oil and gas portfolio. The $5.5 billion purchase will give Encana positions in the Stack and Scoop shale fields in Oklahoma, the Bakken region of North Dakota and the Uinta play ...