ABU DHABI / WAM The Abu Dhabi government and the Abu Dhabi National Oil Company (Adnoc) have awarded Austria’s OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nasr, Sarb and Mubarraz sour gas fields. OMV, which joins Italy’s Eni and Germany’s Wintershall as Adnoc’s partners in the concession, will contribute 5 ...

Bloomberg Donald Trump declared victory over IS, as officials said he’s ordered a full withdrawal of US forces from Syria in a sharp reversal of American policy that appeared to take the Pentagon by surprise. The US military is working to quickly carry out Trump’s order, according to the officials, but it wasn’t clear how soon the approximately 2,000 troops ...

DUBAI / WAM The number of Chinese tourists travelling to the GCC is expected to increase 81 percent from 1.6 million in 2018 to 2.9 million in 2022, according to data published ahead of Arabian Travel Market (ATM) 2019, which takes place at Dubai World Trade Centre from April 28 to May 1, 2019. The latest research from Colliers International, ...