DUBAI / WAM Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing, and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. Bin Sulayem outlined DP World’s operations across 40 countries, and its role in ...

ABU DHABI / WAM The 2017 non-oil gross domestic product grew 2.9 percent, while the oil real GDP growth was up 1.5 percent, with the country’s real GDP hitting 1.5 percent, according to a UAE Central Bank report that forecast the UAE GDP growth to amount up to 2.5 percent in 2018 and 2.8 percent in 2019. Government spending over ...

LONDON / WAM UAE-based Petrofac, a leading service provider to the oil and gas production and processing industry, on Wednesday announced that it has been awarded a contract by Hindustan Petroleum Corporation Limited, HPCL, for its Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation Project at Visakhapatnam in the Indian state of Andhra Pradesh. The lump-sum EPC ...