ABU DHABI / WAM Intercontinental Exchange (ICE) today announced record trading activity in Murban crude with ICE Futures Abu Dhabi (IFAD) marking its third anniversary. IFAD and ICE’s Murban futures market launched in Abu Dhabi in March 2021 with ADNOC and nine of the world’s largest energy traders as founding partners. Murban is the UAE’s flagship crude grade, supplied by …

BOGOTÁ / WAM Germán Umaña Mendoza, Minister of Trade, Industry, and Tourism of Colombia, said that his country, under the framework of the Comprehensive Economic Partnership Agreement (CEPA) with the UAE, aims to attract investments estimated at between US$600-700 million in the green hydrogen and digital economy sectors. This will drive their investment cooperation and provide promising investment opportunities for …

ABU DHABI / WAM The UAE has expressed its regret over the United Nations Security Council’s (UNSC) failure to adopt a draft resolution for full UN membership for Palestine. The UAE underscored that granting Palestine full membership is an important step towards reinforcing peace efforts in the region. In a statement, Khalifa Shaheen Al Marar, Minister of State from the …