OPEC daily basket price stands at $91.84 a barrel Wednesday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$91.84 a barrel on Wednesday, 9th February, compared with US$92.17 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the followi…

ADNIC reports AED401.8 million in net profit for 2021

ABU DHABI, Abu Dhabi National Insurance Company (ADNIC) reported its financial results for the full year ended 31 December 2021.Commenting on ADNIC’s performance, Sheikh Mohamed bin Saif Al Nahyan, Chairman of ADNIC, said: “As we entered the second yea…

UAE ranks 1st in Global Entrepreneurship Index 2022

ABU DHABI, The Global Entrepreneurship Monitor (GEM) has ranked the UAE 1st globally in its Global Entrepreneurship Index 2022, which was unveiled this week. The UAE climbed three spots from its 4th global ranking in last year’s report to accomplish th…