Abu Dhabi National Oil Company (Adnoc) declared on Wednesday, a significant Dh1.8 billion investment to upgrade its Bab onshore field, one of its largest onshore producing assets, Situated 160 kilometres southwest of Abu Dhabi city..... Read more »
Posted on : 11/14/2019
Saudi Aramco signed crude oil supply deal for 2020 with five Chinese customers, raising total volume by 151,000 barrels per day compared to their 2019 supply contracts. Saudi Aramco is already China's top crude supplier..... Read more »
There are many reasons that make Dubai a beneficial place to set business. Over a period, Dubai has become the most swiftly growing business centre in the world. With the remarkable potential, the country has turned itself from a desert city to a world-class city. The country offers high-quality facilities to businesses along with suitable environment. With an intent to grow further, the government of Dubai has brought a number of economic reforms and administrative policies to attract capital and business houses from all over the globe. .... Read more »
Posted on : 11/13/2019
Recycle 50 plastic bottles, get Nol card with Dh25 balance in Dubai. The initiative, a recycling machine, is a pilot project and comes as part of the company's move towards the creation of a circular economy and efforts to minimise its footprint on the environment, in line with its sustainability strategy. .... Read more »
One of the largest aluminium producers in the world, Aluminium Bahrain (Alba), has added a state-of-the-art, custom-made fire truck to its existing fleet of emergency vehicles in order to strengthen the efficiency of response to emergencies within the plant..... Read more »
Posted on : 11/12/2019
The Integrated Transport Centre (ITC) in Abu Dhabi has increased its fleet of taxis running in the UAE capital with the inclusion of another 1,308 hybrid vehicles during the third quarter, up 35 per cent over the same period last year..... Read more »
According to a new BMI report commissioned by Dubai World Trade Centre (DWTC), the UAE food Market is projected to reach $16.7 billion (Dh61.3 billion) with an annual average growth of 7.3 percent by 2020..... Read more »
Posted on : 11/8/2019
Baladna a Qatari company, which has built a dairy business in the desert following a trade embargo by Saudi Arabia and its allies, will launch an initial public offering that could raise $392 million..... Read more »
For the development of Wete Hospital on Pemba Island in Zanzibar, Abu Dhabi Fund for Development (ADFD) signed a Memorandum of Understanding (MoU) with the Government of Zanzibar in the Federal Republic of Tanzania to provide AED37 million (US$10 million)..... Read more »
Posted on : 11/6/2019
The logistics zone, which will be built in phases, comes as part of the government's plans to make the kingdom a hub in the trade exchange movement, especially between the continents of Europe, Asia, and Africa..... Read more »