Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest AED1.1 billion ($300 million), following BlackRock and KKR who in February of this year signed the initial investment agreement to invest AED14.7 ...

Dubai / WAM The UAE is set to host the world’s foremost artificial intelligence summit to empower global dialogue on the future of government, business and society. The inaugural ‘Ai Everything’ will take place at the Dubai World Trade Centre (DWTC), between April 30 and May 1. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

Bloomberg Global oil markets are tightening as Opec supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats. Crude inventories are set to decline for the rest of the year as Saudi Arabia and its partners curb production, while exports from Venezuela and Iran are squeezed by economic and political crises, the ...