November, 2018

• 12 November

  Aldar awards $91mn contract for Alghadeer

  

  ABU DHABI / WAM Aldar Properties on Monday announced appointment of Al Rakha Contracting and General Transport LLC as the main contractor for infrastructure buildings and early works package for the first neighbourhood in the second phase of Alghadeer — an AED10 billion mega development, situated close to the border of Abu Dhabi and Dubai. The AED335 million ($91.2 million) ...

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• 12 November

  Eni sells Mubadala 20% stake in Egypt Nour field

  

  ABU DHABI / WAM Mubadala Petroleum announced that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s share in the Nour North Sinai Offshore Area ‘Nour’ concession, an offshore exploration block in Egypt. Eni is the operator of the concession through its subsidiary (IEOC). In the concession, which is in participation with Egyptian Natural Gas ...

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• 12 November

  DP World marks $3.3bn listings on Nasdaq Dubai

  

  DUBAI / WAM Sultan Ahmed bin Sulayem, Group Chairman and CEO of global trade enabler DP World, rang the market-opening bell on Monday to celebrate the multi-currency listing on Nasdaq Dubai of four debt listings. The four listings together amount to a value of about $3.3 billion. The listings comprise a 10-year $1 billion and three conventional bonds of 30 ...

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• 12 November

  Adnoc, Aramco explore gas, LNG tie-ups

  

  ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) signed, on Monday, a framework agreement with Saudi Aramco, to explore potential opportunities for collaboration in the natural gas and liquefied natural gas (LNG) sectors. The cooperation brings together two of the world’s leading energy producers from the Arabian Gulf to work together in an area of strategic importance ...

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• 12 November

  UAE, Iraq review bilateral ties, discuss regional developments

  

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Barham Ahmed Salih of Iraq discussed bilateral relations between the UAE and Iraq and means of developing them across various sectors. During the meeting, held at the Presidential Palace in Abu Dhabi, ...

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• 12 November

  ‘Total in talks with Adnoc on developing downstream sector’

  Abu Dhabi / WAM Total is in talks with the Abu Dhabi National Oil Company (Adnoc) to develop the Abu Dhabi petrochemicals and downstream sector, according to Hatem Nuseibeh, President Total E&P UAE- Total Country Chair in the UAE. “We are a company for whom Adnoc is very important. Adnoc has been going through huge changes over the past period ...

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• 12 November

  Global Future Councils discuss Virtual Reality opportunities, challenges

  

  Dubai / WAM As part of the third Annual Meeting of the Global Future Councils, the Global Future Council on Virtual and Augmented Reality explored the opportunities and challenges of virtual reality with the prevalence of future technologies in different aspects of our daily life, where electronic devices and innovations became an integral part of it. The participants discussed the ...

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• 12 November

  ‘Future Frontiers Survey 2018’ launched

  Dubai / WAM The Annual Meeting of the Global Future Councils launched the ‘Future Frontiers Survey 2018’ to explore the key requirements of future meetings, discuss the most pressing issues, and diversify knowledge sources. The survey seeks to identify potential scientific developments in vital sectors linked to human life, and examine the global emerging issues in the light of the ...

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• 12 November

  Experts call to bridge gap between policy makers, tech pioneers

  

  Dubai / WAM Scientists and experts called for developing new ideas, knowledge and approaches to bridge the gap between policy makers and technology pioneers. They also called for promoting research and development, using technology to redesign and automate government processes, and focusing on customers to provide high-quality services that meet the needs of future governments. During the meetings of the ...

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• 12 November

  Emac holds discussion on maritime disputes

  ABU DHABI / WAM In an effort to constantly raise the bar in bringing value to the maritime and legal communities, the Emirates Maritime Arbitration Centre (Emac), hosted a session entitled, ‘When things go wrong in Offshore Supply Vessels and Rig Charters – making the best of a bad situation session’ on Monday as part of Adipec 2018. As an interactive ...

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