Recent Posts

ADNOC mulls listing 10% stake in fuel retail business next year

Dubai / Reuters Abu Dhabi National Oil Co (ADNOC) could list more than 10 percent of its fuel retail business by early 2018 and one or two more businesses later as part of a major shake-up, sources familiar with the matter said. The listing for ADNOC Distribution, which manages petrol stations and convenience stores across the UAE as well as ...

Read More »

Global halal industry valued at $2.3 trillion

DUBAI / WAM The UAE has gone a long way in the international halal industry which is estimated at $2.3 trillion, according to Abdula Abdel- kader Al Moeini, Director General of Emirates Authority for Standardisation and Metrology (ESMA). China has been invited to participate in Global Halal Industry Platform which has been promoted during a tour by ESMA representatives in ...

Read More »

Industrial strategy: AED165bn boost to Dubai’s GDP by 2030

DUBAI / WAM Dubai’s industrial sector has seen significant progress this year, under a new strategy launched by the Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The Dubai Industrial Strategy, which entered the implementation phase earlier this year, aims to elevate the emirate into a global platform for ...

Read More »
Send this to a friend