DUBAI/WAM DMCC, the international business district that drives the flow of global trade through Dubai, has launched the DMCC Crypto Centre Metaverse, representing a landmark application of the technology for one of the world’s leading Web3 ecosystems. Developed with Infinite Reality, the metaverse will feature engaging gamified zones and allow users to interact directly with the DMCC Crypto Centre team. ...

ABU DHABI/WAM The United Arab Emirates has maintained its upward trajectory in global competitiveness reports in 2024, securing top positions in key indicators thanks to the wise leadership and forward-thinking vision aimed at human development as the foundation and primary goal of development. The UAE ranked first globally in 223 indicators, compared to 215 in 2023, and was among the ...

ABU DHABI/WAM Adnoc Drilling Company on Monday announced the closing of the Turnwell Industries LLC OPC (Turnwell) joint venture (JV) between Adnoc Drilling, SLB and Patterson-UTI TW Holdings LLC (Patterson-UTI). Commenting on the completion of the JV agreement, Abdulrahman Abdulla Al Seiari, Chief Executive Officer, Adnoc Drilling, said, “Closing the Turnwell JV with SLB and Patterson-UTI advances our plans to ...