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Abu Dhabi plans to combine two offshore oil ventures

  Abu Dhabi / Bloomberg Abu Dhabi National Oil Co. will combine two offshore oil and natural gas ventures operated with partners including BP Plc and ExxonMobil Corp., as the UAE producer takes measures to cope with the drop in oil prices over the past two years. Abu Dhabi Marine Operating Co., known as Adma-Opco, and Zakum Development Co., known ...

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IMF warns of threats of protectionism to growth

WashingtonI / AFP The IMF on Tuesday left its global economic forecasts unchanged into 2017 but called governments to take action against the threats of low growth and protectionism. Global output is expected to grow this year at a rate of 3.1 percent before rising to 3.4 percent next year, estimates that are unchanged from July, according to the International ...

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AMAF to showcase endowment efforts at Global Islamic Economy Summit

  DUBAI / WAM The Awqaf and Minors Affairs Foundation, AMAF, is set to participate in the upcoming third edition of the Global Islamic Economy Summit, GIES. Under the patronage of Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the event will take place on October 11 and 12 ...

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