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Abu Dhabi to host Unido forum in ’19

VIENNA / WAM Abu Dhabi has officially been selected to host the 2019 United Nations Industrial Development Organisation (Unido) General Conference, the organisation’s supreme policy-making organ which convenes every two years. The announcement was made following a vote by 53 member states of Industrial Development Board (IDB) at their 46th annual meeting in Vienna where they convened to review implementation ...

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Adnoc awards Chinese firm 4% interest in onshore concession

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday, the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co. Ltd. The ownership change has been approved by Abu Dhabi’s Supreme Petroleum ...

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Sharjah, Azerbaijan discuss ways to boost economic, trade ties

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), held discussions with a trade delegation from Azerbaijan on developing economic cooperation, promoting mutual investments, exchanging trade missions, and building partnerships between the business communities in Sharjah and Azerbaijan. During the business meeting hosted by the SCCI at its headquarters on Sunday, the two sides reviewed prospects of cooperation ...

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