Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; ...

Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Monday awarded a contract worth AED5.62 billion ($1.53 billion) to Adnoc Drilling. The award supports the expansion of Adnoc’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon-intensity oil and gas. Adnoc Offshore awarded the two-year contract which ...

  Abu Dhabi / WAM Burjeel Holdings PLC listed on Monday on the Abu Dhabi Securities Exchange (ADX), following the completion of its initial public offering (IPO). The IPO, which raised gross proceeds of more than AED1.1 billion for the offering of 11 percent of the company’s total issued share capital, attracted total gross demand of more than AED32.0 billion ...