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Abu Dhabi Chamber, Russia keen to boost trade relations

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Russia-UAE Business Council discussed the means of boosting trade and economic cooperation between businesses in Abu Dhabi with their counterparts in Russia. This came during a meeting on Tuesday between ADCCI Director-General Mohamed Helal Al Mheiri and Sergey Gorkov, Chairman of Russia-UAE Business Council, and ...

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Adnoc invests AED1.16 billion to connect smart wells at Bu Hasa

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Tuesday, an investment of up to $318 million (AED1.16 billion) to connect newly drilled smart wells to the main production facilities at Bu Hasa, which will sustain production capacity of 650,000 barrels per day (bpd) at Adnoc’s largest onshore asset. The engineering, procurement and construction (EPC) contract ...

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Sharjah, Seoul discuss economic cooperation

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) held a virtual meeting with the Consulate-General of the Republic of South Korea in Dubai to explore ways to discuss economic cooperation in various vital sectors in the two countries and explore the potential investment opportunities and the mechanisms of increasing trade volume between them. The meeting was attended ...

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