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Drydocks World set to build new 700MW HVAC offshore platform topside

DUBAI / WAM Drydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors, has signed a contract with Petrofac and end-client TenneT to carry-out the construction of a High Voltage Alternating Current (HVAC) Transformer Station Topside, named Hollandse Kust Zuid Alpha. The HVAC platform will be part of a renewable energy wind farm, located in ...

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UAE continues to send relief convoys to Yemen’s Dhale

ABU DHABI / WAM The United Arab Emirates continues to send aid convoys carrying all essential items, including medical supplies, to the Yemeni governorate of Dhale through the Emirates Red Crescent (ERC). An ERC volunteer team oversaw the distribution of the relief convoys in the presence of Major General Ali Muqbel, Governor of Dhale, who appreciated the UAE’s continuous support ...

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ADCB records net profit of AED2.782bn in H1 2019

ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB) on Sunday reported its half-year financial results for 2019, with a net profit of AED2.782 billion. According to a statement, the financial results are based on six-month pro-forma financial statements for the combined entity, following the merger between ADCB and Union National Bank (UNB) and the subsequent acquisition of Al Hilal ...

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