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  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) on Thursday announced framework agreement awards valued at $1.94 billion (AED 7.1 billion) to enable drilling growth. The awards build on Adnoc’s recent record investments in drilling-related equipment and services and support its strategy to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 ...

  Dubai / WAM The UAE’s food and beverage imports from Latin America (LatAm) reached $1.9 billion in 2020 as the Gulf country expanded its efforts to enhance food security, new analysis from the Dubai Chamber of Commerce has revealed. The findings, released on the sidelines of Gulfood 2022, will be discussed in further detail at the 4th Global Business ...

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended the signing of a memorandum of understanding (MoU) on cybersecurity between the UAE and Jamaica at Expo 2020 Dubai. The MoU was signed by Dr Kamina Johnson-Smith, Minister of Foreign Affairs and Foreign Trade of Jamaica, and Dr Mohamed ...

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with its Cuban counterpart enhancing joint work to develop commercial activity and areas of economic cooperation between them. The two sides also explored available investment opportunities while highlighting the importance of strengthening communication mechanisms to organise mutual visits of business owners, missions and trade delegations. This ...

  Bloomberg Ukraine and Russian-backed separatists blamed each other for what they said was shelling in violation of a ceasefire in the Donbas region. Both Kyiv and Moscow expressed concern about the apparent uptick in violence. No deaths were reported and there was no immediate confirmation of the allegations. It wasn’t clear how much of an escalation they may represent ...

  Dubai / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended the signing of two memorandums of understanding (MoU) covering the cultural and health sectors between the UAE and Cuba at Expo 2020 Dubai. The MoU related to culture was signed by Noura bint Mohammed Al Kaabi, Minister of Culture and ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) has signed an agreement with Borsa Istanbul wherein the latter will provide consultancy services and implementation support to Abu Dhabi Securities Exchange in Information Technologies. The signing of the agreement came during the visit of the President Recep Tayyip ErdoÄŸan of Turkey, to the UAE on February 14. The CEO ...

  ABU DHABI / WAM A report published by the media monitoring company, Strategico, revealed that the media content of the Emirates News Agency (WAM) was viewed nearly 470.3 billion times in 2021, including content shown by news agencies, newspapers, radio and TV stations, websites and social media accounts. Asia led the list, totalling 393.3 billion views, while the Americas ...

  Abu Dhabi / WAM Abu Dhabi International Airport has welcomed 5.26 million guests in 2021 thanks to a fourth-quarter surge that saw 2.43 million, which equates to 46 percent of the full year’s passenger numbers, pass through the UAE capital’s hub. The Abu Dhabi Airport released its 2021 passenger traffic results, revealing that 5,262,376 passengers were served compared to ...

  Bloomberg SSE Plc is set to earn a windfall from the gas-fired power plants it will ensure are available to help keep UK lights on next winter. The utility could make as much as 172 million pounds ($233 million) in an auction that cleared at 75-70 pounds a kilowatt per year, according to calculations using National Grid Plc data. ...