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UAE maintains position among top global commodity trading hubs

  DUBAI / WAM The UAE has maintained its position among the top global commodity trading hubs, according to the third iteration of the Commodity Trade Index presented in DMCC’s latest Future of Trade 2022 report. The Commodity Trade Index assesses the role of ten key trading hubs within global trade, ranking these countries in terms of their significance in ...

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Abu Dhabi’s Taqa to retain majority of its oil, gas assets

  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) has announced the completion of its strategic review of its oil and gas business announced in September 2021. As part of the review, the company had been exploring the potential sale of certain of its oil and gas assets. It has been concluded that Taqa’s oil and gas portfolio ...

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UAE president pardons 737 prisoners ahead of Eid Al Adha

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered the release of 737 prisoners, ahead of Eid Al Adha. The pardoned prisoners had been sentenced to jail terms for a variety of offenses. His Highness Sheikh Mohamed bin Zayed also pledged to settle the financial obligations of the released prisoners. The president’s pardon ...

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