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Adnoc, ADQ launch JV to drive growth in UAE chemicals sector

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) and ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Tuesday announced Ta’ziz as the name of the new joint venture (JV) established by both companies, which will drive the development of industrial projects ...

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Taqa reports AED30.8b revenues in nine months

Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) reported its first consolidated pro-forma financial results following its transaction with Abu Dhabi Power Corporation (ADPower) on July 1, announcing group revenues of AED30.8 billion during the first nine months of 2020. In addition to approving Taqa Group’s financial results, the Board of Directors approved an increase in the company’s ...

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Official 49th UAE National Day show to take place on Dec 2

Abu Dhabi / WAM The first details of a dramatic live production to celebrate 49th UAE National Day on December 2 have been revealed on Tuesday by the Organising Committee of the Official 49th National Day Celebration. Named “Seeds of the Union”, the spectacular show will take the form of a moving sculpture surrounded by sea and illuminated by digital ...

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