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UAE fastest growing theme park market

  DUBAI / WAM The theme parks in the UAE are dialling up the “smart” visitor experience to ensure the country remains one of the world’s fastest growing markets, industry experts announced, ahead of the of the Dubai Entertainment, Amusement, and Leisure Show. The UAE is the dominant market in the Middle East and North Africa, the world’s fastest growing region ...

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‘OPEC output cut compliance at 140% in February’

  KUWAIT / WAM Compliance of OPEC with an oil output cut exceeded a target, standing at 140 percent in February, while non-OPEC producers’ compliance was 50-60 percent, Kuwaiti Minister of Oil, Water and Electricity Essam Al¬ Marzouq said, the state Kuwait News Agency (KUNA) reported. He attributed OPEC’s compliance to deep production cuts by Saudi Arabia, a voluntary act ...

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No plan to merge with other banks: UNB CEO

  Abu Dhabi / WAM The Union National Bank (UNB) has no intention of merging with any other bank, its chief executive officer (CEO) has affirmed. “There are no formal procedures or any intention to merge UNB with any other banking institutions,” Mohammed Nasr Abdeen told reporters after the bank’s Annual General Meeting on Wednesday in Abu Dhabi. The bank ...

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