News

ABU DHABI / WAM Adnoc Gas on Thursday announced an agreement, valued between $450 million (AED1.65 billion) and $550 million (AED2 billion), to supply Liquefied Natural Gas (LNG) to PetroChina International Company Limited (PCI), a subsidiary of PetroChina Company Limited, one of the leading oil and gas producers and distributors in China. This agreement underscores Adnoc Gas’ growing global presence, ...

DUBAI / GULF TIME Chattels & More, the esteemed, homegrown lifestyle and home décor brand part of Easa Al Gurg Group, in collaboration with Dubai Home Festival (DHF), has unveiled a remarkable design contest that is open to all Dubai residents. Placing innovation, creativity, and sustainability at its core, this contest offers home interior aficionados and aspiring designers a unique ...

DUBAI/GULF TIME The sixth edition of the esteemed Rotating Machinery Technology & Innovation gathering, RoTIC Symposium, is set to take center stage from September 25th to 27th at the Festival Arena by InterContinental, Dubai. Organized by Aldrich Energy, this premier event promises to be a pivotal platform for industry leaders and technical experts from across the globe to convene and ...

ABU DHABI / WAM Adnoc has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (Mena) region. The pioneering Habshan carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million tonnes per annum (mtpa) of carbon dioxide (CO2) within ...

DUBAI / WAM The Federal Tax Authority (FTA) has launched a new series of events, including a set of specialised educational workshops, to promote tax awareness among school and university students as part of its comprehensive awareness campaign for this key sector. The events are scheduled to coincide with the start of the 2023/2024 academic year and aim to enhance ...

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority (SBA), has affirmed that Sharjah is solidifying its status as a global cultural hub and serves as a reliable destination for all those seeking to discover Arab culture and its rich history and contributions to humankind. The SBA Chairperson also noted that the emirate’s cultural platforms ...

DUBAI / WAM Emirates NBD has launched its Sustainable Finance Framework as part of its long-term commitment to sustainability. The new framework allows for the issuance of green and sustainable debt instruments to finance projects, which enable the transition to a low-carbon and climate-resilient economy. The framework also provides the distribution of social debt instruments leading to a positive societal ...

ABU DHABI / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), reinforcing trade and economic relations between the UAE and Egypt. This landmark collaboration solidifies the longstanding bond between the two nations and showcases their commitment to mutual prosperity and ...

DUBAI / WAM Emirates has announced a third daily flight to Hong Kong, starting from  November 1. The additional flight, operated by a Boeing 777-300ER, will provide non-stop services between Dubai and Hong Kong and support the growing travel demand. Emirates is increasing services to 21 flights per week to meet market demand and offer customers greater flexibility, choice, and ...

NAIROBI / WAM The UN Refugee Agency’s Assistant High Commissioner for Operations, Raouf Mazou, and Director-General and Special Representative of COP28, ambassador Majid Al Suwaidi, have conducted a field visit to the Dadaab refugee complex during the Africa Climate Week (ACW) on the margins of their participation in the Africa Climate Summit (ACS) in Kenya. Representatives of the World Food ...