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DIFC boosts UAE financial sector development, posts growth

DUBAI / WAM Dubai International Financial Centre (DIFC) has reinforced its contribution to the UAE’s economy and its commitment to driving the future of finance, following strong performance during the first half of 2019. The centre saw sustained growth in the first half of 2019, welcoming more than 250 new companies, and bringing the total number of active registered firms ...

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Dana Gas share of Kurdistan oil reserves up 10%

SHARJAH / WAM Dana Gas, a regional private sector natural gas company, announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and Chemchemal Fields in the Kurdistan Region of Iraq have increased by 10 percent, following the recent certification of reserves by Gaffney Cline Associates (GCA). The independently audited report, prepared ...

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Dubai, Singapore fostering clean energy cooperation

SINGAPORE / WAM A high-level delegation headed by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa) visited Singapore to promote joint relations and exchange of best global experie- nces and practices in renewable and clean energy and sustainability. During the visit, Al Tayer met with Masagos Zulkifli, Singapore’s Minister of Environment and Water ...

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