DUBAI / WAM The Commercial Compliance & Consumer Protection (CCCP) sector Department of Economic Development (DED) Dubai, has launched on Tuesday ’Smart Protection’ service, first of its kind in the world, which adopts artificial intelligence (AI) to respond quickly and efficiently to consumer queries and resolve their complaints. The service engages consumers in a direct dialogue to understand the query ...

Reuters French oil and gas major Total on Tuesday signed a $5 billion dealwith Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery. Saudi Aramco holds a 62.5 percent stake in the refinery, while Total holds the other 37.5 percent. The memorandum of understanding (MoU) was signed on the sidelines of a visit by ...

ABU DHABI / WAM Abu Dhabi National Takaful Company (ADNTC) announced its financial results for the year that ended on December 31, 2017. The company posted a combined net profit of AED64.6 million for 2017 (for policyholders & shareholders before Qard Hasan provision). Shareholders net profit reached AED59 million compared to AED48.4 million for the same period last year representing ...