Recent Posts

Stocks gain as oil majors rally; Fedspeak in focus

Bloomberg European shares advanced, boosted by oil majors as crude prices recovered. US futures gained as investors parsed comments from Federal Reserve officials to assess the potential for slower interest rate hikes. The Stoxx Europe 600 Index climbed 0.7%, with Shell Plc and BP Plc among the biggest drivers of the gains. Contracts on the S&P 500 and the Nasdaq ...

Read More »

UAE leaders wish Kazakh President on his re-election

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Kassym-Jomart Tokayev, President of Kazakhstan, on his re-election as President. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has dispatched similar message to Tokayev

Read More »

Adnoc Drilling buys 3 new jack-up rigs for AED1.17bn

  Abu Dhabi / WAM Adnoc Drilling Company on Monday announced that it has signed an agreement to acquire an additional three brand new high-specification offshore jack-up drilling units (the “rigs”). The cost of the acquisition is part of the company’s three-year guidance on capital expenditure and its strategic growth plans. The acquisition underpins the company’s accelerated fleet expansion and ...

Read More »
Send this to a friend