ABU DHABI / WAM Borouge has awarded the Engineering, Procurement and Construction (EPC) contract for an additional Polypropylene Plant, PP5, to be integrated with the existing Borouge 3 complex in Ruwais and grow the polymer production capacity to almost 5 million tonnes per annum by 2021. The EPC contract has been awarded to Tecnimont SPA, a subsidiary of Italy’s Milan-based ...

Abu Dhabi / Emirates Business Etisalat Group on Tuesday announced its consolidated financial results for H1 ending on June 30, 2018. The group’s consolidated net profit for first half of 2018 amounted to AED4.3 billion, representing 6% increase year over year, while the consolidated revenues amounted to AED26.2 billion, representing 4 percent increase year over year. Essa Mohamed Al Suwaidi, ...

ABU DHABI / WAM The Department of Economic Development — Abu Dhabi and Algorythma, the UAE-based first-rate end-to-end technology service company signed an MoU with the aim of promoting joint cooperation between the two parties as well as implementing projects, initiatives and strategies related to digital transformation. The MoU was signed by Khalifa Bin Salem Al Mansouri, Under-Secretary of the ...