DUBAI / WAM The total of the Foreign Direct Investments (FDI) in the UAE increased to more than AED1 trillion by the end of 2016, an indication of economic robustness, the UAE Federal Competitiveness and Statistics Authority (FCSA) said. According to the outcomes of a survey conducted by the FCSA, in association with local statistics authorities in the country, the ...

ABU DHABI / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA) announced on Saturday that it has completed work on phase 1 of the integrated government project, Tamm. The Authority said that it has turned nine documents and services of 15 government bodies into integrated electronic data, thus saving AED80 million on the customers part and AED11 million on ...

Bloomberg Saudi Arabia’s state oil company will soon sign an agreement with a British oilfield services firm to explore building chemical facilities in Texas, according to people familiar with the matter. The agreement with TechnipFMC Plc involves a study for a potential chemical unit on the US Gulf Coast that would be able to produce materials used in gasoline and ...