Dubai / WAM The Dubai Multi Commodities Centre (DMCC), signed a Memorandum of Understanding, MoU, with the China Chamber of International Commerce (CCoIC). The agreement, which was signed at the China-Arab States Business Summit 2017 in Yinchuan, China, aims to explore the possibility of establishing a joint business council, organising cross-border trade delegations, as well as enhancing collaboration in the …

Abu Dhabi / WAM The Abu Dhabi Urban Planning Council (UPC), published its 2016 Annual Report, detailing some of its biggest achievements, which have kept the emirate on course to reach objectives outlined in the Abu Dhabi Plan. Last year, the UPC made huge strides in important projects for national housing, infrastructure planning, sustainable living and spatial data, while also …

Bloomberg Billionaire Mukesh Ambani’s Reliance Industries Ltd. and its partner BP Plc are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal. Reliance and its British partner are preparing a new development plan for the gas-rich NEC-OSN-97/2 block, also called NEC-25, in the Mahanadi basin offshore eastern India, according to …