ABU DHABI/ WAM The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the signing of an exploration concession agreement, awarding the exploration rights for Abu Dhabi’s Offshore Block 4 to Cosmo E&P Albahriya Limited, a wholly-owned subsidiary of Japan’s Cosmo Energy Holdings Co, Ltd (Cosmo). The award has been approved by Abu Dhabi’s newly formed Supreme Council for Financial ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced it signed a five-year strategic partnership deal with Mastercard for the enablement of commercial cards and payments solutions. The move aims to simplify business-to-business (B2B) payments for companies in the UAE, making them more seamless, secure and convenient. Mastercard’s commercial cards and payment platforms will be made available to ...

ABU DHABI / WAM The UAE has strongly condemned and denounced the Iranian-backed terrorist Houthi militia’s terrorist and cowardly attack on the Abha Airport in Saudi Arabia that caused a fire in a civilian aircraft. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Wednesday, the UAE considered the onslaught a grave escalation and cowardly ...