Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Ports are to establish a joint Marine Simulator Centre in Musaffah, Abu Dhabi, to provide a range of maritime training for the UAE’s growing marine workforce. Under this long-term partnership, the Marine Simulation Centre will provide training for ADNOC employees and serve the wider marine ...

Dubai / Reuters Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about AED50.6 billion ($13.8 billion) of assets, sources familiar with the matter told Reuters. In the latest latest sign of consolidation in the United Arab Emirates’ crowded banking industry, the two lenders have held on-and-off discussions over a potential merger since ...

GREAT YARMOUTH / WAM Masdar, the Abu Dhabi Future Energy Company, on Wednesday, inaugurated its third wind farm in the United Kingdom, bringing the combined power-generating capacity of all three projects to 1 GW enough clean energy to supply nearly 1 million homes. Together with its partners, Statoil and Statkraft of Norway, Masdar staged the official “switch on” of the ...