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China investments in focus at Ajman Free Zone meet

DUBAI / WAM The Chairman of Ajman Free Zone, Sheikh Ahmed Bin Humaid Al Nuaimi has met with Tielan Peng, Chairman of Hunan Group and Gulf Chinese Trading Corporation to discuss further strengthening trade opportunities between the two organisations. The Gulf Chinese Trading Corporation is a committed investor in Ajman and is the entity behind the China Mall which was ...

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Fujairah oil product stockpiles hit 2-week high

FUJAIRAH / WAM Refined oil products stockpiles in Fujairah rebounded in the past week, on higher supply of marine fuel and other heavy distillates and residues, according to data released on Wednesday by Fujairah Oil Industry Zone. Total inventories at the Middle East bunkering hub rose 5.9 percent week on week to 19.327 million barrels, bringing the total back to ...

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Empower awards AED25mn network extension deal

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) on Wednesday announced that it has awarded an AED25 million contract to extend its cooling service pipeline network in order to meet the needs of major development projects in Dubai. This extension work will be completed by the end of 2019, and will link ‘Al Wasl Tower 2020’ and the ‘Yotel ...

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