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EGA’s unit awards $700mn mine works contract to Fluor

  Abu Dhabi / Emirates Business Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced that its subsidiary Guinea Alumina Corporation (GAC) has awarded an engineering and programme management consultancy contract for its under-construction bauxite mine in the Republic of Guinea in West Africa to Fluor Corporation. The total value of contracts ...

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MoE to explore investment opportunities in Moldova

  ABU DHABI / WAM The Ministry of Economy is to lead a trade delegation to the UAE-Moldovan Business Forum, which is taking place on February 8 and 9, in the Moldovan capital, Chisinau. The UAE delegation will be headed by Sultan bin Saeed Al Mansouri, Minister of Economy, who will meet with Pavel Filip, Prime Minister of Moldova and ...

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UAE outperforms flat Gulf markets; Egypt dips

  DUBAI / Reuters Most stock markets in the Gulf moved little on Monday but United Arab Emirates bourses outperformed with mid-to-large sized companies boosting Dubai, while Egypt’s index slipped in thin volume. Dubai’s main index added 1.2 percent as Emaar Properties gained 2.7 percent after saying it would recover 1.22 billion dirhams ($332 million) from an insurance claim for ...

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