Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – on Monday announced the official opening of a representative office in Shenzhen, China, that is expected to usher in a new wave of business opportunities to Dubai. The office setup is in partnership with Yingtian Global – an award-winning ...

Abu Dhabi / WAM The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released by the Federal Competitiveness and Statistics Authority (FCSA). The figures showed that the country’s production of crude oil stood at 3.058 million barrels per day (bpd) during the same period. FCSA also reported that natural gas production in the UAE ...

Abu Dhabi / WAM Under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Abu Dhabi on Monday hosted the 36th virtual edition of the Abu Dhabi International Petroleum Exhibition Conference (Adipec). The gathering oil and gas industry leaders has seen almost 20,000 participants registering for the online event. Adipec 2020 offers an opportunity for global industry ...