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UAE Armed Forces inks AED7bn deals at Idex

ABU DHABi / WAM Speaking at a press conference on day two of the International Defence Exhibition and Conference (Idex 2019), and the Naval Defence and Maritime Security Exhibition (Navdex 2019), Brigadier Mohammed Al Hassani, Official Spokesperson of Idex 2019, and Commodore Fahad Nasser Saif Al Thehli, Official Spokesperson of Navdex 2019, announced 24 deals worth AED7,019,428,577. The total value ...

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Tawazun invests AED460mn to buy stake in Russia’s Aurus

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met on Monday with Russian Industry and Trade Minister Denis Manturov, in presence of President Rustam Minnikhanov of Tatarstan, and later witnessed the signing of an agreement at at the International Defence Exhibition (Idex 2019). Sheikh Abdullah, Manturov and President Minnikhanov ...

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Mubadala Petroleum gets block off Indonesia

ABU DHABI / WAM Mubadala Petroleum announced that it signed the Gross Split Production Sharing Contract (PSC), for South Andaman, as awarded by the Government of Indonesia pursuant to the 2018 Indonesian Third Direct Tender Round. Following the signing, Mubadala Petroleum is now the operator of both the South Andaman and the adjacent Andaman I PSC and a partner in ...

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