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Adnoc L&S acquires two additional VLCCs

Abu Dhabi / WAM Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Tuesday announced the acquisition of two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight. The VLCC fleet expansion plays a significant role in supporting ...

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UAE participates in IMFC virtual meeting

ABU DHABI / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the virtual International Monetary and Financial Committee (IMFC) meeting, which took place alongside the annual meetings of the International Monetary Fund (IMF) and the World Bank Group. The meeting deliberated the latest global economic developments and the financial and economic repercussions of the coronavirus ...

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Emirates NBD’s E20. partners with MoniMove to support SMEs

Dubai / WAM Emirates NBD has announced it is partnering with award winning fintech platform MoniMove to complement the bank’s E20. digital business bank initiative that aims to empower entrepreneurs, startups, SMEs and other businesses in the UAE. The partnership is aligned to Emirates NBD’s digital strategy as the bank continues to lead innovation in digital banking in the region ...

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