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Adnoc awards Wintershall 10% stake in gas project

ABU DHABI / WAM The Abu Dhabi Government and the Abu Dhabi National Oil Company (Adnoc) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega-project with a 10 percent stake. The Ghasha concession consists of the Hail, Ghasha, Dalma and other offshore sour gas fields, including Nasr, SARB and Mubarraz. Wintershall will contribute 10 percent of the project ...

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190 countries confirm entry for Expo 2020

DUBAI / WAM A total of 190 countries have confirmed their participation in Expo 2020 Dubai, confirming its position as a truly global destination and bringing to life the World Expo’s theme of ‘connecting minds, creating the future’. With just under 700 days to go until Expo 2020’s opening ceremony, the milestone means that Expo has already surpassed the 180-nation ...

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UAE conventional banks’ assets reach AED2.27trn

Abu Dhabi / WAM The assets of UAE conventional banks (CB) amounted to around AED2.268 trillion, accounting for 80 percent of total banking assets by the end of October, according to the statistics released on Monday by the Central Bank of UAE on the activity of CB and Sharia-compliant banks. According to the figures, the total assets of the conventional ...

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