DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched on Monday the Dubai Autonomous Transportation Strategy, which aims to transform 25% of the total transportation in Dubai to autonomous mode by 2030, saving AED 22 billion in annual economic costs. He said, “Dubai is ...

  Riyadh / AFP Saudi Arabia said on Monday it would create the world’s largest wealth fund and sell shares in state energy giant Aramco as it unveiled a vast plan to transform its oil-dependent economy. The announcement of the long-term reform programme, dubbed “Saudi Vision 2030”, marks the beginning of a hugely ambitious attempt to move Saudi Arabia beyond ...

  ABU DHABI / WAM Abu Dhabi National Oil Company (ADNOC) and its diverse group of 21 subsidiaries, is participating in the Offshore Technology Conference, OTC 2016, which is taking place in Houston, Texas, from May 2-5. In addition to gaining technical knowledge and meeting with energy industry experts from around the world, the ADNOC delegation will also promote the ...