Abu Dhabi / WAM Adnoc Drilling company on Monday announced it has signed a Sale and Purchase Agreement (SPA) to acquire an additional two premium offshore jack-up drilling units. The investment is central to the company’s enterprising expansion strategy and forms part of its three-year guidance on capital expenditure. Adnoc Drilling’s fast-tracked fleet expansion programme keeps the company firmly ...

  Abu Dhabi / WAM The UAE expressed its sincere condolences and solidarity with the Federative Republic of Brazil over the victims of torrential rains and floods that struck several states in the country, killing dozens of people, necessitating the evacuation of tens of thousands, and causing severe damage. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its ...

  Abu Dhabi / WAM Aldar Properties announced on Monday that five tech startups had been awarded pilot projects as part of the second cycle of its equity-free accelerator programme, Scale Up, alongside strategic partner Majid Al Futtaim Communities. The five selected businesses specialise in the rapidly evolving technologies of spatial and artificial intelligence, blockchain, NFT applications and data analytics, ...