ABU DHABI / WAM Adnoc Distribution has announced the opening of its first service station in Dubai Investment Park. The solar-powered station will include a charger for electric vehicles. Commenting on the opening, Saeed Al Rashdi, Adnoc Distribution Acting Chief Executive Officer, said, “We are extremely pleased to have opened in Dubai and to be serving customers across the UAE’s ...

ABU DHABI / WAM The UAE and China signed an Economic Development Work Plan, with the aim of promoting commercial and customs cooperation. The work plan involves five stages of detailed procedures, which will see further trade and investment agreements between the two countries coming into fruition. The Economic Development Work Plan was signed during the first meeting of the ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) entered into a definitive sale agreement to sell a portfolio of 18 mid-life aircraft to institutional investors. The 18 aircraft in this portfolio are on lease to 15 airlines in 13 countries and have a weighted average age of approximately nine years with a weighted average remaining lease term of 4.5 years. The ...