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UAE sends 100,000 Covid-19 vaccine doses to Mauritania

ABU DHABI / WAM The UAE dispatched an aircraft carrying 100,000 doses of the Covid-19 vaccine to Mauritania to help curb the spread of the virus and support Mauritania’s efforts to accelerate its recovery. Additionally carrying 15 metric tonnes of medical supplies, the aircraft is the fifth of its kind to be sent to Mauritania. Hamad Ghanem Al Mehairi, the ...

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Dubai’s F&B trade with Africa hits $2.4b in 2020

Dubai / WAM Dubai’s food and beverage (F&B) trade with Africa, excluding tobacco, reached $13.9 billion during 2015-2020 period, while the sector has been identified as a key factor expected to drive bilateral trade in the short-term, new Dubai Chamber analysis revealed. In 2020, the value of food and beverage trade (excluding tobacco) between Dubai and Africa amounted to $2.4 ...

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Helmerich & Payne plans to invest $100 million in Adnoc Drilling IPO

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and its subsidiary Adnoc Drilling Company (Adnoc Drilling) and Helmerich & Payne, Inc (H&P), a provider of rig technologies and drilling solutions, jointly announced on Wednesday a strategic alliance, that will see Adnoc Drilling acquire eight FlexRig land rigs from H&P for $86.5 million. Following this transaction, H&P will make ...

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