News

DUBAI / WAM Enoc Group announced that construction of its 16.2km jet fuel pipeline linking its storage terminals in Jebel Ali to Al Maktoum International Airport in Dubai South has exceeded 20 percent. The announcement was made during 20th Water, Energy, Tech- nology and Environment Exhibition (WETEX 2018). The pipeline is scheduled to be operational in 2020 Q1, in time ...

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) announced launch of online chatbot platform ‘Jawab,’ which is designed, developed to effectively respond directly and automatically to enquir- ies from exhibitors, organisers and visitors on all event-related aspects, including diverse range of services provided by Adnec. With this launch, Adnec becomes the first venue within the exhibitions and conferences ...

Bloomberg Saudi Aramco’s chief executive officer said he has bigger ambitions in petrochemicals beyond the planned $70 billion acquisition of a strategic stake in local company Sabic, touting plastics as a key hedge against an electric-car driven slowdown in global oil demand growth. “We still have to do more,” Amin Nasser, chief executive officer of state-owned Aramco, said in an ...

Dubai / WAM The Emirates Centre for Transport and Leasing, a subsidiary of Emirates Transport (ET) has signed a number of new and renewed contracts, worth AED40 million during the third quarter of 2018. The contracts were signed with both government and private sectors for terms spanning between three to five years. Tariq AlSedawi, manager of the Centre, said: “With ...

Sharjah / Emirates Business The third edition of ‘Investing in Future’ (IIFMENA) conference has got off to an impactful start on Wednesday with comments from His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah; Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of The Big Heart Foundation (TBHF); Mariam Al Hammadi, Director ...

ABU DHABI / WAM­­­­­ His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday received Steven Terner Mnuchin, Secretary of the US Treasury, at Qasr Al Bahar, Abu Dhabi. During the meeting, Sheikh Mohamed and Mnuchin explored cooperation relations between the two countries in financial, economic ...

Dubai / Emirates Business Emirates SkyCargo on Wednesday signed an MoU with the Investment and Tourism Promotion Centre of Ho Chi Minh City (ITPC) to jointly explore opportunities to promote trade to and from Vietnam. The agreement was signed in Dubai by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo and Phạm Thiet Hoa, Director, Investment and Trade Promotion Centre, ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), announced that it would install 270,000 new smart meters across Dubai under Phase 3 of its “Smart Applications via Smart Grid and Meters” initiative, which was launched to support the Smart Dubai initiative. The project will develop smart infrastructure for electricity transmission and distribution networks and enhance the speed of service ...

Dubai / Emirates Business Under the patronage Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman of Federal Transport Authority for Land and Maritime, preparations are underway for the fourth Breakbulk Middle East 2019. The event gathers world’s top industry experts whom favored Dubai to host the fourth edition of the event. Furthermore, the event ...

Riyadh / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the ambitious economic vision of Saudi Arabia makes it a key player in shaping the future of the global economy. His Highness also praised the vision of the Custodian of the Two Holy Mosques, King ...