ABU DHABI / WAM The UAE will continue to deliver on the Opec and Non-Opec commitment for voluntary production adjustments until the global market is re-balanced, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has stated. The minister affirmed the UAE is working in all fairness and transparency with the Opec’s Joint Ministerial Monitoring Committee (JMMC), ...

Dubai / WAM Dubai’s non-oil trade with Africa will exceed AED1 trillion for the period extending from 2011 until the end of 2019, said Majid Saif Al Ghurair, Chairman of Dubai Chamber, noting that it had already reached AED926 billion in the 2011-2018 period. Al Ghurair made the announcement in his opening speech at the fifth edition of the Global ...

AL AIN / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing company wholly owned by Mubadala Investment Company, has signed a Memorandum of Understanding with Premium Aerotec, the German aerospace manufacturing leader, for the supply of metallic bonded and ‘computer numerical control’ (CNC) machined detail aircraft parts. The MoU, signed during Dubai Airshow, covers a duration of five years with ...