Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Friday announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni. The discovery from a new deeper reservoir indicates between 1 – 1.5 trillion standard cubic feet (TSCF) of raw gas in place. This ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the occasion of the new Hijri year 1444. The UAE President wished them good health and happiness, further progress and prosperity for their peoples and dignity and glory for Arab ...

  Abu Dhabi / WAM Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of AED7.9 billion, up significantly from the corresponding period last year of AED1.7 billion. Revenues for the group saw positive contributions and cross sector growth across its verticals year-on-year. On a half yearly basis, the group ...