Recent Posts

No eye scan for frequent flyers to Dubai soon, says GDRFA

Dubai / WAM Frequent foreign visitors to Dubai will “soon” be able to avoid waiting in a queue for eye scan at airport, which is a mandatory security check procedure. An automatic registration system enabled by advanced cameras will carry out the eye scan of all passengers, easing the passenger flow and saving their time, senior officials told the Emirates ...

Read More »

ADFD approves $5mn for social services project in Liberia

Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), has earmarked a government grant worth $5 million (AED18.3 million) for a vital project that aims to enhance social services for the Liberian population. Located in the capital Monrovia, the grant will support the development of modern integrated sports and leisure infrastructure. The scope of the project includes the ...

Read More »

Aramco acquires 17% stake in South Korea’s Hyundai Oilbank

DHAHRAN / AGENCIES Saudi Arabian Oil Company, Saudi Aramco, has completed, through its subsidiary Aramco Overseas Company, the acquisition of 17 percent of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion. The completion follows receipt of all necessary regulatory consents and approvals. According to a statement issued by the company, the investment in South Korea’s Hyundai Oilbank ...

Read More »
Send this to a friend