October, 2016

• 31 October

  Mubadala Petroleum, Petrofac sign Jasmine FPSO agreement

  

    ABU DHABI / WAM Mubadala Petroleum reached an agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (Jasmine FPSO), which paves the way for the continued extension of the field life of this successful development. The parties signed a new ‘life of field’ agreement for the provision of ...

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• 31 October

  President issues law on regulating deep water resources in Abu Dhabi

    ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, issued, in his capacity as Ruler of Abu Dhabi, a law on regulation of deep water resources in the emirate of Abu Dhabi. According to the law, the deep water resources in the emirate of Abu Dhabi, shall be owned by the emirate. It stipulates that ...

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• 31 October

  DED sees 10% rise in commercial permits

    Dubai / EMIRATES BUSINESS The Department of Economic Development (DED) in Dubai saw a 10% increase in permits issued for various business activities during the third quarter of 2016, compared to the same period in 2015. Altogether, 39,000 permits were issued in Q3 2016 as discount sales and special offers grew 213%, reaching 1,647 from the 526 permits issued ...

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• 31 October

  Masdar holds global Seawater Energy & Agriculture Forum

  

    ABU DHABI / WAM The Masdar Institute of Science and Technology’s Sustainable Bioenergy Research Consortium (SBRC), a non-profit consortium supported by founding members Etihad Airways and Boeing, along with Takreer, SAFRAN and General Electric, on Monday announced it is to organise the first International Seawater Energy and Agriculture Forum 2016 in Abu Dhabi. To be held on November 1-2 ...

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• 31 October

  NBAD awarded for expertise in capital markets

    ABU DHABI / WAM National Bank of Abu Dhabi (NBAD) won two industry awards, taking its tally to more than 100 recent industry accolades for its capital markets business, more than any other bank in the Middle East. The Banker magazine has named NBAD, “Most Innovative Investment Bank in the Middle East 2016”. This is the first occasion this ...

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• 31 October

  Etihad Cargo hosts Italian biz mission

  

    ABU DHABI / WAM Etihad Cargo recently hosted an Italian Business mission in Abu Dhabi, offering the key industry players an opportunity to learn more about the United Arab Emirates and the Etihad Aviation Group, while promoting partnership and business opportunities. The event was co-hosted by Etihad Global Cargo Management Company (Etihad GCMC) and the Abu Dhabi Chamber of ...

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• 31 October

  Global South-South Development Expo opens to public in Dubai

  

    Dubai / Emirates Business His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of Dubai Media Incorporated, on Monday opened the Global South-South Development Expo 2016, at the Sheikh Rashid Hall of the Dubai International Convention and Exhibition Centre. HH Sheikh Maktoum bin Mohammed was accompanied by HH Sheikh Mansoor bin Mohammed ...

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• 31 October

  Saudi team tours SDG to learn Dubai’s smart transformation efforts

  

    Dubai /Emirates Business A government delegation from the Ministry of Communications and Information Technology and the Ministry of Civil Service in Saudi Arabia recently visited the office of Smart Dubai Government Establishment (SDG), the Smart Dubai Office’s technical arm that supervises Dubai’s smart transformation efforts. The visiting delegates aimed to learn more about SDG’s best practices, particularly in the ...

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• 31 October

  twofour54 to attract more productions, businesses

    Abu Dhabi / WAM twofour54, Abu Dhabi’s media free-zone, is looking to attract more productions, businesses and rewarding partnerships in the media sector in recognition of the sector’s value in boosting the national economy and tourism, according to a top official. “Based on our experience in hosting international productions in the capital, we have witnessed its economic impact on tourism ...

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• 31 October

  RTA offers prizes for ‘public transport day’

    DUBAI / WAM The Roads and Transport Authority (RTA) kicks off Public Transport Day for its 7th Edition on November 1 with a variety of events for all spectrums of the community. The idea of the day revolves around encouraging commuters to use more public transport, spanning the metro, tram, public buses, and marine transit like waterbuses and water taxis. Abdullah ...

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