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UAE banks top GCC with $723 billion in assets

ABU DHABI / WAM The UAE banking system has been ranked the top banking sector in the Gulf region in terms of assets in the first half of 2017, while the total assets of the 48 banks operating in the country reached US$723 billion (AED2.66 trillion) for the year 2016. Experts in the sector said the continued stability of the ...

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International aviation security symposium opens

DUBAI / Emirates Business HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group opened the ‘AVSEC Global 2017’ international aviation security symposium in Dubai. Sir Tim Clark, President, Emirates airline delivered opening address. Other keynote speakers included Lord Callanan, UK minister for aviation as well as K C Singh, Former Indian Ambassador to the ...

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ADNOC signs strategic energy partnership deal with Japan

ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) strengthened its long-standing energy partnership with Japan, through the signing of a tri-partite Memorandum of Cooperation with Japan’s Ministry of Economy, Trade and Industry (METI), and the Japan Oil, Gas and Metals National Company (JOGMEC). The Memorandum was signed by Dr Sultan Ahmed Al Jaber, Minister of State and ...

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