Recent Posts

Abu Dhabi plastics sector garners $55bn funding

Dubai / WAM More than AED204 billion of investments are generated by 201 plastics plants operating in Abu Dhabi, according to the Industry Development Bureau of the Abu Dhabi Department of Economic Development (ADDED). The revelation came during a workshop organised by the bureau as part of the ADDED’s ‘Industry Dialogue’ initiative, aimed at bolstering an investment-conducive environment at the ...

Read More »

Dana Gas, partners awarded $14mn interest in KRG row

DUBAI / Reuters Dana Gas and its consortium partners have been awarded $14 million plus interest in a dispute with Iraq’s Kurdistan Regional Government (KRG), the UAE company said on Tuesday. The case was filed with the London Court of International Arbitration in 2013 over payments for gas liquids production. The court ordered the KRG to pay $14 million along ...

Read More »

Khalid Ali Al Bustani appointed as FTA Director-General

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree No. 84 of 2017 to transfer and appoint Khalid Ali Al Bustani, Assistant Undersecretary for International Financial Relations to the position of Director-General of the Federal Tax Authority and the rank of an Undersecretary at Ministry. The Director General of the FTA ...

Read More »
Send this to a friend