Business & Money | Monday 20 February, 2017 8:54 am

ADNOC Awards China National Petroleum Corporation 8% Stake in ADCO Onshore Concession

Concession entry valued at AED 6.5 billion Deal strengthens strategic and economic relationship between UAE and China Partnership will maximise onshore field value in support of ADNOC’s long-term growth objectives Abu Dhabi National Oil Company (ADNOC), today, signed an agreement...

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Business & Money | Monday 20 February, 2017 8:49 am

Deals worth AED 4.416 billion announced at IDEX 2017

  His Excellency Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson for the 13th edition of the International Defence Exhibition and Conference (IDEX 2017), announced that 21 deals worth more than AED4.416 billion have been signed today at IDEX. 15 of the deals are with...

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Business & Money | Sunday 19 February, 2017 10:34 am

International ATIBT Forum to highlight the importance of improved international cooperation to combat illegal timber logging

A steady stream of 180 industry professionals and consumers will walk the halls of Dubai WoodShow 2017 to attend the international ATIBT Forum that will run in Dubai from March 4th-6th at the Conrad Hotel. Held under the Patronage of UAE Ministry of Climate Change and Environment, Dubai’s...

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Business & Money | Sunday 19 February, 2017 10:00 am

International Property Show 2017 confirms participation from biggest real estate enterprises in Dubai

Strategic Marketing and Exhibitions has announced that the 13th International Property Show will be held from April 2 to 4 at Dubai International Convention Centre. The show, only one of its kinds that allows sales and purchases for both local and international properties, will attract...

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Business & Money | Sunday 19 February, 2017 8:19 am

Etihad Rail achieves a new milestone with transporting 10 million tonnes of sulphur

Etihad Rail, the developer and operator of the UAE's multi-billion dollar fully integrated national railway network, has since commencing Stage One operations, transported 10 million tonnes of granulated sulphur for the Abu Dhabi National Oil Company (ADNOC) as of February 10, from sources at...

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Business & Money | Sunday 19 February, 2017 8:03 am

Dubai South launches Aerospace Supply Chain Facility Phase 1

   Dubai South today announced the completion of the first phase of its Aerospace Supply Chain Facility at Aviation City. The new facility is in line with the focus of the Dubai Industrial Strategy, launched last June by Vice President, Prime Minister and Ruler of Dubai, His Highness...

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Business & Money | Sunday 19 February, 2017 5:32 am

Airbus names Mikail Houari President for Africa and Middle East

Airbus has appointed Mikail Houari, 50, as President for Africa and the Middle East region.   Mikail, who previously served as Deputy President for Africa and the Middle East, brings to the position more than 25 years of experience within the industry at a global level. In his new role,...

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Business & Money | Sunday 19 February, 2017 5:16 am

Al Masaood Group opens the largest Boat Services and Maintenance Centre in the Middle East in ICAD II

HE Falah Al Ahbabi, Chairman of ZonesCorp attended a ceremony for the opening of the Al Masaood Centre for Boat Services and Maintenance, which is the largest of its kind in the Middle East. The centre will provide a full range of services for all the clients of Al Masaood, for both local and...

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Business & Money | Sunday 19 February, 2017 4:29 am

Trade finance professionals explore funding options at GTR Mena conference

Despite cutbacks in overall expenditure, most GCC economies have retained major spending on infrastructure as announced in their budget”, said S. Anantha Subramanian while participating in a panel discussion titled “What are borrowers looking for and where are the new forms of...

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Business & Money | Sunday 19 February, 2017 2:59 am

Two innovations from Dubai Customs accredited by GII

Dubai Customs received accreditation from Global Innovation Institute (GII) on its innovations: the (Enterprise Connected View) and the (Enterprise Capability Management). This is indicative of Dubai Customs’ persistence to revolutionize the way customs work is done.   The Global...

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