DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, in the presence of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the Dubai Creative Clusters Authority, launched Dubai Food Park, the latest addition to Dubai Wholesale City, which ...

Bloomberg Abu Dhabi National Oil Co. (ADNOC) is planning an initial public offering of its service stations unit and may seek a value of as much as $14 billion, according to people familiar with the matter. The company, may appoint investment banks for the share sale, likely to be on the Abu Dhabi stock exchange, as early as this week, ...

Paris / WAM After two years of unprecedented decline, global upstream oil and gas investment is expected to stabilise in 2017, according to a report issued by the International Energy Agency, (IEA). However, an upswing in US shale spending contrasts with stagnation in the rest of the world, signalling a two-speed oil market. At the same time, the oil and ...