SHANGHAI / WAM The Abu Dhabi National Oil Company (Adnoc) announced, on Saturday, it has concluded a new long-term liquefied petroleum gas (LPG) sales agreement with Wanhua Chemical Group of China. Under the terms of the 10-year contract, Wanhua will purchase up to 1 million metric tonnes of LPG per annum. The agreement, which was signed by Abdulla Salem Al ...

WARSAW / WAM Prospects of propelling economic cooperation between the UAE and Poland were the main topic of discussions as Mohammed Sharaf Al Hashemi, Assistant Minister of Foreign Affairs and Inter-national Cooperation for Economic and Commercial Affairs, met Deputy Minister for Polish Diplomacy, Maciej Lang, in in Warsaw. “There are promising pros-pects of intensifying cooperation between two sides,” said Al ...

Bloomberg Saudi Arabia’s Energy Minister Khalid Al-Falih agreed in a meeting in Baghdad on joint coordination with Iraq to achieve more stability in the oil market, Iraqi Oil Ministry spokesman Asim Jihad said by phone. Al-Falih flew into Baghdad for a meeting with Iraqi Prime Minister Adel Abdul Mahdi ahead of talks between Opec and its allies in Abu Dhabi ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) awarded contract worth AED288 million to construct two rectangular, reinforced, concrete 60-million-gallon reservoirs in Al Nakhali. This will hold 120 million gallons of desalinated water to increase Dubai’s storage capacity to 1,010 million gallons. Saeed Mohammed Al Tayer, MD and CEO of Dewa, said, “This project supports directives of HH Sheikh ...

Dubai / WAM Businesses in Dubai displayed a brighter outlook for the months ahead with stronger sales and revenues expected due to new projects and seasonal increase in tourist arrivals. The quarterly business survey of the Department of Economic Development (DED) also showed that more than 88% of the businesses foresee stronger or stable results throughout the rest of the ...

Dubai / WAM The Sharjah Chamber of Commerce and Industry (SCCI), discussed ways to develop economic relations with Hungary, as well as enhance bilateral cooperation and mutual exchange in different sectors between the business communities. The discussions took place during a business forum that was organised by the Chamber at its headquarters, in presence of Waleed AbdelRahman BuKhatir, Second Vice ...

Dubai / Emirates Business DP World, UAE Region has been recognised for its significant contribution to the UAE’s trade and outstanding performance by winning the Port and Terminal Operator Award at the prestigious Seatrade Maritime Middle East Awards. The Award was received by Abdulla Bin Damithan, Chief Commercial Officer, DP World, UAE Region at a gala ceremony in the presence ...

DUBAI / Emirates Business Dubai Land Department (DLD) signed a memorandum of understanding (MoU) with the Registration Authority of Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) in Abu Dhabi. The MoU was signed by HE Sultan Butti bin Mejren, Director General of DLD, and Dhaher bin Dhaher Al Mheiri, CEO of the ADGM Registration Authority. Bin Mejren ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority (ADFCA), the ninth edition of SIAL Middle East, the exclusive regional food, beverage and hospitality trade event, will run from December 10-12 at the Abu Dhabi National Exhibition ...

Dubai / Emirates Business Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, Ruler of Dubai, Annual Investment Meeting (AIM), the premier event in foreign direct investment in the Middle East and North Africa, has launched the preparatory actions for its 9th edition on April 8-10, 2019 in Dubai. In ...