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Abu Dhabi Ports, Wintershall to boost exploration segment

  WAM / Emirates Business Abu Dhabi Ports roped in Germany’s largest E&P company Wintershall to further strengthen its position in exploration and production segment of crude oil and natural gas. “This partnership with Wintershall offers a new opportunity for Abu Dhabi Ports to serve the exploration and production sector in the Emirate, which is vital to the economy of ...

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UAE and Azerbaijan to strengthen economic ties

  Dubai / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, and Dashgin Shikarov, Ambassador of the Republic of Azerbaijan to the UAE, on Sunday discussed the means to develop and strengthen economic and development ties between the two countries. Al Mansouri received the Ambassador of Azerbaijan at the ministry’s headquarters in Dubai, in the presence of Abdullah bin Ahmed ...

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DFM nets AED86mn profit in first quarter

  Dubai / WAM Dubai Financial Market Company (DFM) on Sunday announced a first quarter net profit of AED 86 million, a 27 percent increase compared to Dh67.7 million during the corresponding period of 2015. The company’s total revenue increased by 11 per cent to AED 127 million in Q1-2016 compared to Dh114.5 million during Q1-2015. The revenues comprise AED105.6 million ...

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