Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company (Mubadala) on Wednesday announced a transaction involving OMV AG (OMV), a global energy and chemicals group, headquartered and listed in Vienna, Austria. Under the agreement, Adnoc will acquire a 24.9% shareholding in OMV from Mubadala. Financial details of the transaction are not being disclosed. Upon ...

Abu Dhabi / WAM The Mother of the Nation Festival (Motn) will return with more action, shopping and mouth-watering cuisine from December 23 to January 1. The Motn festival is returning by popular demand, to kick off the festive season in style on the Abu Dhabi Corniche. The region’s ultimate entertainment event will reopen following its wildly popular 10-day run ...

  Dubai / Gulf Time Al Abbas Group, UAE’s leading business conglomerate held their annual AAG Excellence Awards 2021-22. AAG Excellence Awards is an annual event organised by the Al Abbas Group to recognise and reward employees, across the group, for their performances in various categories. The third edition of AAG Excellence Awards was a glittering event attended by Ebrahim ...