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Abu Dhabi eyes more tourists from China

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi), will lead a delegation of partners and stakeholders to the ITB China event this month in a bid to capitalise on and reinforce the emirate’s popularity with Chinese travellers. The department will be joined by five key stakeholders at the travel and tourism fair, ...

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Baker Hughes in talks with Adnoc on drilling stake

Bloomberg Baker Hughes, a GE Co, is in talks with Abu Dhabi National Oil Co (Adnoc) to set up a partnership that could lead to the US firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter. Adnoc is working with boutique advisory firm Moelis & Co and is also ...

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Adnec lauds VAT refund decision

ABU DHABI / WAM Humaid Matar Al Dhaheri, Group CEO of Adnec, has praised UAE Cabinet decision pertaining to VAT on exhibitions and conferences, inviting all public and private sector firms, partners, event organisers and specialised associations, to make optimum use of such initiative. He further said that it will consolidate their presence in the UAE by strengthening the existing ...

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