ABU DHABI / WAM Adnoc LNG, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), on Wednesday signed the Engineering, Procurement and Construction (EPC) contract for the second phase of the Integrated Gas Development Expansion (IGD-E) project with a consortium of Spain’s Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company. The contract is valued at AED3.16 billion ($860 ...

ABU DHABI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank Group, to boost export trade through the promotion of Shariah-compliant export credit and investment insurance instruments. With the aim of establishing ...

DUBAI / WAM In another first, investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement between the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in Dubai, and the US-based Alliance Business Centres Network (ABCN). The partnership will enable investors ...