Abu Dhabi / WAM The Abu Dhabi Department of Economic Development issued 3,854 new economic licences in second quarter, recording a rise of more than 44%, compared to 2,671 commercial licences issued during same period last year, as per commercial activity report by department’s Abu Dhabi Business Centre. According to report, 1,947 new licences were issued in Abu Dhabi city, ...

ABU DHABI / WAM The total value of hunting weapons sold at the Abu Dhabi International Hunting and Equestrian Exhibition, ADIHEX 2019, which ended at the Abu Dhabi National Exhibition Centre (Adnec), reached AED35.5 million. Brigadier Salim Hamoud Al Balushi, Chairman of the Security Organising Committee of the Exhibition, said that this level of sales reflects the public’s interest in ...

Bloomberg With oil trading below Saudi Arabia’s break-even level, energy policy is a top priority for the world’s biggest crude exporter. Following the loss of most of his domestic portfolio, Energy Minister Khalid Al-Falih will now have more time to work on balancing the market. Saudi Arabia will split the vast energy, industry and mining portfolio that Al-Falih had run ...