Abu Dhabi / WAM Adnoc maintained in 2023 its position as the UAE’s most valuable brand for the fifth consecutive year, according to a new report from Brand Finance, the world’s leading independent brand valuation consultancy. Adnoc’s brand value increased by 11% year-on-year to reach $14.2 billion in 2023, an Adnoc statement said on Wednesday. Adnoc Brand Strength Index …

Abu Dhabi / WAM Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) announced on Wednesday the signing of a shareholder agreement with Fertiglobe, GS Energy Corporation (GS Energy) and Mitsui & Co., Ltd. (Mitsui), to develop an anticipated 1 million tons per annum low-carbon ammonia production facility at the Ta’ziz Industrial Chemicals Zone. The move is a further step in …

  Abu Dhabi / WAM Abu Dhabi Distribution Company (ADDC) has signed a memorandum of understanding in collaboration with the General Authority of Islamic Affairs & Endowments (Awqaf) to invest approximately AED20 million in a project that will optimise air conditioning (AC) equipment in 850 mosques, which equals 65% of the mosques in the Abu Dhabi and Al Dhafra regions. …