Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), and Baker Hughes, a General Electric company, on Monday signed a strategic partnership agreement that will enable and support the growth and development of Adnoc’s subsidiary, Adnoc Drilling, into a fully integrated drilling and well construction provider. As part of the agreement, BHGE will acquire a five percent stake ...

MUNICH / WAM Nakheel is back in Munich for the second consecutive year with a plethora of real estate projects — collectively worth EUR14 billion ($16 billion) — on show at Expo Real 2018. The only Dubai developer at the event, Nakheel is showcasing a diverse selection of investment opportunities including completed and off-plan residential units — offering rental yields ...

DUBAI / WAM Policymakers, industry hea-vyweights, economists, pro-minent CEOs and business leaders from the world will share insights and predictions on key trends that are expected to reshape future of the global Islamic economy when they gather in Dubai for 4th Global Islamic Economy Summit (GIES 2018). Dubai Chamber and the Dubai Islamic Economy Development Centre (DIEDC) will organise high-level ...