ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) announced plans to launch Umm Lulu Crude Oil, a new crude blend produced from its Umm Lulu and SARB fields, operated by ADNOC Offshore. Umm Lulu Crude Oil, which has an expected API density of around 39 degrees and sulphur content of around 0.7 percent weight percent, is a ...

DUBAI / Emirates Business Union Insurance Company, a leading provider of innovative customer-focussed insurance solut- ions to individuals and corporations in the region, has reported a net profit of as much as AED6.3 million for the first nine months ended on September 30 compared to a net loss of AED12.8 million for the same period last year. Gross insurance premium ...

ABU DHABI / WAM The total value of customs fees transferred by the UAE to other GCC countries on goods entering through the UAE’s customs ports has reached AED2.6 billion. This amount was transferred during the first two years, through a direct automatic transfer system for customs fees between GCC countries, from end of October 2015 to the end of ...