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Adnoc, Austrian firms expand petchem ties

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) signed, on Saturday, two memoranda of understanding with OMV and one MoU with Borealis to explore new opportunities for collaboration in the downstr-eam sector. The signing of agr-eements was attended by HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the ...

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Oil hits 3-week low on global slowdown fears

Bloomberg Oil fell the most in three weeks as disappointing economic data sowed new fears of slowing global growth. West Texas Intermediate futures in New York dropped 1.6 percent, paring the week’s gain to less than 1 percent. Weaker than expected manufacturing data from Germany and France cast fresh doubts on Europe’s economic outlook, dragging equities down. The US treasury ...

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ADX keen to boost listed firms’ ties with investors

ABU DHABI / WAM As part of Abu Dhabi Securities Exchange (ADX) held a workshop for listed companies on enhancing relations between listed companies and investors and the role of investor relations manager in this regard in line with international best practice. The workshop comes as part of ADX’s efforts to enhance the role of investor relations in listed companies ...

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