ABU DHABI / WAM Adnoc Logistics and Services plc, a global energy maritime logistics leader, announced on Thursday that it has been awarded a $975-million artificial island construction contract by Adnoc Offshore. As part of Adnoc’s In-Country Value programme, at least 75% of the total contract value for dredging, land reclamation and marine construction of an artificial island “G” for …

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a law establishing the National Academy for Childhood Development, to be headquartered in Abu Dhabi as part of the Abu Dhabi Early Childhood Authority. The academy aims to offer education, training and lifelong learning programmes related …

BLOOMBERG  European Central Bank (ECB) officials called for interest rates to be lifted further — seeking additional reassurance on the inflation front as they look past more signs of weakness in the euro-zone economy. Dutch central bank chief Klaas Knot said he’s “not yet convinced that the current tightening is sufficient,” telling lawmakers in the Netherlands that “inflation could well …