ABU DHABI / WAM The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewables. Released in an exclusive briefing to senior industry executives at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the latest edition of the World Oil …

ABU DHABI / WAM Abu Dhabi Ship Building (ADSB) announced that it has expanded its services portfolio to the oil and gas industry. This is the company’s first foray outside of the naval, marine and defence sector, as it opens up to opportunities beyond its traditional industries of focus. Marking its business success and new direction, the company also revealed …

DUBAI / WAM Dubai International Financial Centre (DIFC) announced the launch of a $100 million FinTech-focussed fund to accelerate the development of financial technology by investing in start-ups from incubation through to growth stage, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC. The fund was announced during …