Abu Dhabi / WAM Ways of promoting investment and cooperation in multiple areas, particularly renewable energy and infrastructure, were the crux of a meeting on Tuesday HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation held with Deputy Minister for Foreign Affairs of Turkmenistan Berdyniyaz Myatiyev. The two sides discussed an array of regional and ...
Read More »News
ADNOC awards contracts for offshore sour gas fields
Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), on Tuesday awarded the two Front End Engineering Design (FEED), contracts for its planned offshore ultra-sour gas mega-project, which consists of the Hail, Ghasha and Dalma fields. Bechtel was awarded the Hail and Ghasha FEED Contract, and TechnipFMC the Dalma FEED Contract. Both are worth many hundreds of millions ...
Read More »DCCI gets five-star rating
Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that developing practical approaches to enhancing the happiness of the public is a critical part of realising the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al ...
Read More »Hamdan attends DPA graduation ceremony
Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday attended the graduation ceremony of postgraduates with master’s and doctoral degrees, as well as the 25th batch of cadet officers with a Bachelor’s degree in Law and Police Science. The ceremony was attended by HH ...
Read More »â€˜UAE preferred destination for entrepreneurs’
Dubai / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and Chairperson of Sharjah Entrepreneurship Centre (Sheraa), has valued the support of the wise leadership for creative youth, through the Mohammed bin Rashid Award for Young Business Leaders, affirming that the UAE has become a preferred regional and an international destination for ...
Read More »AED68.5mn mall opens in Al Dhait
Dubai / WAM Majid Al Futtaim-the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia on Tuesday opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and ...
Read More »Abu Dhabi to host ‘global forum for innovation in agriculture’
Abu Dhabi / WAM Abu Dhabi is set to host the Global Forum for Innovation in Agriculture (GFIA Abu Dhabi 2018), which will run from February, 5-6 at Abu Dhabi National Exhibition Centre (ADNEC). The event will coincide with the UAE Innovation Month, Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of ...
Read More »Dubai records AED285bn realty deals
DUBAI / Emirates Business The Dubai Land Department (DLD) revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED285 billion through 69,000 real estate transactions. Commenting on DLD’s Annual Transactions Report, which summarizes the market activity over the past year, Sultan Butti bin Mejren, Director General of DLD, said: “The ...
Read More »Emirates, flydubai to launch more connections
DUBAI / Emirates Business Emirates and flydubai will offer travellers even more connectivity and flight options in 2018, with new codeshare flights planned to Krakow in Poland from April 8, and Catania in Italy from June 13. Both Dubai-based airlines currently offer customers a breadth of travel options across their complementary networks, with codeshares to 81 destinations and more to ...
Read More »Jack Ma’s firm pauses fundraising as China curbs micro-loans
Bloomberg After selling billions of dollars of debt backed by consumer loans in 2017, Chinese billionaire Jack Ma’s Ant Financial is pausing such fundraising as the government steps up curbs on micro lending. The company hasn’t sold any asset-backed securities (ABS) since early December, according to data compiled by Bloomberg and China Securitization Analytics. That marks an abrupt shift after ...
Read More »