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ADNOC mulls expansion of Al Hosn Sour Gas project

  ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC), in partnership with Occidental Petroleum, announced on Tuesday its intention to expand its Al Hosn facility, which will increase sour gas processing by 50 percent of existing capacity. The plant could become operational within the life span of ADNOC’s new five-year business plan, part of the company’s ‘2030 ...

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Chinese bank celebrates listing of US$600mn bond on Nasdaq Dubai

  DUBAI / WAM Yuan Shengrui, Senior Executive Officer of the DIFC branch of China Construction Bank (CCB), on Tuesday rang the market-opening bell to celebrate the listing of a US$600 million Bond on Nasdaq Dubai, under the bank’s $6 billion medium term note programme. The CCB is one of China’s most prominent banks with a market capitalisation of $173.3 ...

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National Bonds collaborates with du to provide WiFi UAE

DUBAI/ WAM National Bonds Corporation, National Bonds, renewed its partnership with du to support WiFi UAE, a country-wide initiative to provide WiFi access to the public, in line with the UAE Vision 2021. WiFi UAE currently covers Abu Dhabi, Dubai, Sharjah, Al Ain and Ras Al-Khaimah. It offers free internet access across Dubai Metro, Dubai Tram, Dubai International Financial Centre, ...

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