DUBAI/WAM The UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector. Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, in statements to the Emirates News Agency (WAM) on the sidelines of the sixth edition of …

ABU DHABI/WAM Adnoc Gas announced on Monday it expects to acquire Adnoc’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost. Adnoc Gas expects Adnoc to transfer its 60% share of the Ruwais LNG Project to the company at cost – estimated to be around $5 billion – in the second …

BAKU/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived on Monday at Heydar Aliyev International Airport in Baku on a working visit to the Republic of Azerbaijan, during which he will participate in the COP29 climate conference. The conference is being hosted in the Azerbaijan capital from November 11 to 22 under the slogan ‘In Solidarity for …