Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday, it will boost in-country value (ICV) to the United Arab Emirates to support post-Covid economic growth through its hugely successful ICV programme. As part of this commitment, Adnoc will drive over AED160 billion ($43.6 billion) back into the UAE economy over the next 5 years as ...

ABU DHABI / WAM The UAE has welcomed the United States’ decision to remove Sudan from the State Sponsors of Terrorism (SST) list. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) congratulated Sudan and its people on this step, which is poised to end years of political and the economic isolation endured by the country. MoFAIC ...

ABU DHABI / WAM The Ministry of Finance (MoF) on Tuesday launched the “ESR Portal” to simplify the process of submitting Economic Substance Regulations (ESR)’s reports and notifications. The portal aims to simplify procedures for all companies operating in the country and allows them to submit reports, notifications and supporting documents electronically and in a timely manner. Younis Haji Al ...