News

ABU DHABI / WAM The historic first cargo of crude oil from the Abu Dhabi National Oil Company (Adnoc), destined for the Indian Strategic Petroleum Reserves Ltd (ISPRL) has, on Saturday, been loaded and is en-route to India. The cargo is the first under an agreement between Adnoc and ISPRL, an Indian government-owned company mandated to store crude oil for ...

GUANGZHOU / WAM Ali Obaid Ali Al Dhaheri, UAE Ambassador to China, has met with Chen Liangxian, Vice-Governor of Guangdong Province, China, in the presence of Rahma bin Abdulrahman Al Shamsi, UAE Consul-General in Guangzhou, China. During the meeting, they discussed the opportunities available between the two countries in the trade, investment and tourism sectors. Liangxian emphasised his province’s keenness ...

Bloomberg Mexico has taken the first steps in the world’s largest annual oil deal, asking Wall Street banks and other traders for quotes to lock-in its income from production through next year, according to people familiar with the matter. The country has been asking counterparties this week for quotes to hedge output, the people said, asking not to be identified ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council has stated that Dubai’s rising global rankings in a range of economic indicators show that it is closing the gap with the world’s most competitive economies according to the vision of His Highness Sheikh Mohammed bin Rashid ...

LAGOS / WAM Sheikha Bodour bint Sultan Al Qasimi, Founder and President of Emirates Publishers Association (EPA) and Member of the International Publishers Association (IPA) Executive Committee, said that the African publishing industry has enormous potential for the future, including building essential cultural bridges with the rest of the world. Speaking to some of the most influential figures in publishing ...

Abu Dhabi / WAM The UAE Scheme for Halal Products is increasingly gaining ground, with companies from 46 countries now on the list of Halal Certification Bodies registered with the Emirates Authority for Standardisation & Metrology (ESMA). The rate of growth witnessed in the Halal market shows that by 2030, it can be the biggest industry in the world. However, ...

Taiz / WAM The Emirates Red Crescent (ERC), on Saturday offered emergency relief assistance to displaced and forcibly displaced people in Al Qadah, Daba’ and Assafi’yah District, southwest of Taiz, after a survey, conducted last week, to address the needs of displaced persons in those areas. The move, which is part of ERC’s initiatives in the “Year of Zayed”, included ...

Toronto / wam The Global Manufacturing and Industrialisation Summit (GMIS) has highlighted the opportunities the Fourth Industrial Revolution (4IR) will bring to the global manufacturing sector as it addressed an audience in Canada through the latest edition of an international knowledge-sharing programme. The event in Toronto formed part of GMIS’ global roadshow programme, GMIS Connect, with a panel of industry ...

Abu Dhabi / WAM The United Arab Emirates is Moldova’s gate to other GCC states and the entire MENA region, said Tudor Ulianovschi, Minister of Foreign Affairs and European Integration of the Republic of Moldova, before opening his country’s embassy in the UAE, which, he said, will serve the interests of the Moldovan community, not only in the Emirates, but ...

Abu Dhabi / WAM ADNOC Downstream Investment Forum, which will start in Abu Dhabi on Sunday, is a step forward in ADNOC’s innovative initiatives launched over the past years to provide added value to key companies, subsidiaries and the national economy in general. Commenting on the forum, Hamad Al Shamsi, Secretary-General of the Supreme Petroleum Council, underlined the significant role ...