ADNOC Drilling awarded $1.53 billion contract to support expansion of ADNOC’s offshore operations

ABU DHABI, Abu Dhabi National Oil Company (ADNOC) today awarded a contract worth $1.53 billion (AED5.62 billion) to ADNOC Drilling.   The award supports the expansion of ADNOC’s offshore operations and its objective to responsibly increase production capacity and meet the growing global demand for reliable, lower carbon-intensity oil and gas.   ADNOC Offshore awarded… Continue reading ADNOC Drilling awarded $1.53 billion contract to support expansion of ADNOC’s offshore operations

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Unit 3 grid connection enhances energy security, adds over gigawatt of clean electricity capacity to UAE grid

ABU DHABI, The Emirates Nuclear Energy Corporation (ENEC) and its operations and maintenance subsidiary, Nawah Energy Company (Nawah), in partnership with the Abu Dhabi Transmission & Despatch Company (TRANSCO), a subsidiary of Abu Dhabi National Energy Company (TAQA), has successfully connected Unit 3 of the Barakah Nuclear Energy Plant to the UAE grid and is… Continue reading Unit 3 grid connection enhances energy security, adds over gigawatt of clean electricity capacity to UAE grid

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Abdullah bin Zayed chairs virtual meeting of Education and Human Resources Council

ABU DHABI, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Education and Human Resources Council (EHRC), presided over the council’s meeting held remotely via video conferencing. During the meeting, Sheikh Abdullah expressed his confidence in all educational authorities and institutions in the country to work… Continue reading Abdullah bin Zayed chairs virtual meeting of Education and Human Resources Council

United Arab Emirates University participates in ISNR 2022

ABU DHABI, The United Arab Emirates University (UAEU) participated for the first time in the 7th International Exhibition of National Security and Resilience “ISNR Abu Dhabi 2022”, held at the Abu Dhabi National Exhibition Centre, with a wide range of local and international security companies.   Prof. Ahmed Ali Murad, Associate Provost for Research, said,… Continue reading United Arab Emirates University participates in ISNR 2022

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OPEC daily basket price stands at $97.43 a barrel Friday

VIENNA, The price of OPEC basket of thirteen crudes stood at US$97.43 a barrel on Friday, compared with US$95.80 the previous day, according to OPEC Secretariat calculations.   The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy… Continue reading OPEC daily basket price stands at $97.43 a barrel Friday

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UAE President to visit Russia

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan will pay a visit to the friendly Russian Federation on Tuesday, during which he will meet with the Russian President Vladimir Putin.   During his visit, His Highness Sheikh Mohamed will discuss with President Putin the friendly relations between the UAE and Russia along… Continue reading UAE President to visit Russia

Ministry of Finance discusses means of enhancing UAE-Seychelles strategic partnership

ABU DHABI, Younis Haji Al Khoori, Under-Secretary of Ministry of Finance (MoF), recently met with Naadir Hassan, Seychelles Minister of Finance, Economic Planning and Trade; and Devika Vidot, Seychelles Minister of Investment, Entrepreneurship, and Industry; and their accompanying delegation. The meeting, which took place at the ministry’s headquarters in Dubai, sought to discuss means of… Continue reading Ministry of Finance discusses means of enhancing UAE-Seychelles strategic partnership

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MoHRE showcases latest smart systems at GITEX

DUBAI, The Ministry of Human Resources and Emiratisation’s (MoHRE) participation at GITEX Global, the world’s largest tech show that is being held this year from 10th to 14th October, 2022, in the Sheikh Saeed Hall at the Dubai World Trade Centre, will revolve around showcasing its latest smart systems, including the rapidly-updated MoHRE app.  … Continue reading MoHRE showcases latest smart systems at GITEX

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UAE condemns terrorist attack targeting soldiers in Djibouti

ABU DHABI, The UAE has strongly condemned the terrorist attack that targeted military forces in Garabtisan in the Republic of Djibouti, which resulted in a number of dead and wounded soldiers.   In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) affirmed that the UAE expresses its strong condemnation of these criminal… Continue reading UAE condemns terrorist attack targeting soldiers in Djibouti

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UAE Cabinet approves Federal General Budget 2023-2026 with total estimated expenditures of AED252.3 billion

ABU DHABI, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired the UAE Cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; and H.H.… Continue reading UAE Cabinet approves Federal General Budget 2023-2026 with total estimated expenditures of AED252.3 billion

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UAE Banks Federation reviews enhanced contributions to development of banking sector

DUBAI, The CEOs Consultative Council of the UAE Banks Federation (UBF), the representative body and unified voice of the UAE banks, held its second meeting recently.   The meeting, which was chaired by Mohamed Omran Al Shamsi, Vice Chairman of the Board of Directors of UAE Banks Federation and Chairman of RAK Bank, discussed the… Continue reading UAE Banks Federation reviews enhanced contributions to development of banking sector

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