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Mubadala unit completes farmout of 20% stake in Indonesia’s gas blocks

ABU DHABI / WAM Mubadala Petroleum on Tuesday announced that it has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), to Premier Oil following Indonesian Government approvals. Following completion, Mubadala Petroleum, as operator, has 80 percent participating interest in each of the Andaman I ...

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Deal signed to launch ‘Emaar Smart Home’

DUBAI / WAM Emaar Properties PJSC signed a Memorandum of Understanding with Xiaomi, a global technology leader with the world’s largest Internet of Things (IoT), consumer platform, to launch ‘Emaar Smart Home’ – a new, next-generation product for customers to experience the latest smart home technology powered by Artificial Intelligence. Emaar’s new product will launch in 2020 as an exclusive ...

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DIFC unveils new employee workplace savings plan

DUBAI / WAM The Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (Measa), region, on Tuesday announced the final details ahead of the launch of its new DIFC Employee Workplace Savings Plan (DEWS) that will secure the financial future of more than 24,000 employees based at the centre. DEWS is ...

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