Adnoc in one of world’s largest ‘smart procurement’ contracts
The award complements Adnoc’s upstream growth plans...
Tag : Abu Dhabi
Abu Dhabi Securities Exchange rebound after stock buy
The buying trend dominated the transactions of investors and foreign portfolios...
UAE’S Taqa’s revenue up by 5% in first half of 2019
The net profit, however, fell by 23 percent in the first half of 2019...
UAE banks ‘can make profits of Dh40 bn in 2019’
11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion...
Adnoc Distribution entering India’s lube market to boost sales
The move is part of Adnoc’s plan to globalise itself in the lubricants and base oils market...
Adnoc, Eni, and OMV close one of world’s largest refinery deals
The new deal covers both existing Adnoc refining business as well as the proposal for a new trading joint venture...
Singapore’s sovereign wealth fund to invest in Adnoc oil pipelines.
The landmark investment comes months after Wall Street giants KKR and BlackRock signed a $4 billion pipeline deal....
Four social initiatives launched in Abu Dhabi
Sheikh Mohammed approved AED3bn to develop the facilities of Khalifa City, Mohamed Bin Zayed City, Shakhbout City and Zayed City in the best interest of the UAE community...
ADIC to become part of Mubadala Investment Company Group
President of the UAE His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a law restructuring the Abu Dhabi Investment Council (ADIC) following which the organization will become part of the Mubadala Investment Company Group...
Abu Dhabi banks signal high performance in Q4 2017
The Statistics Centre Abu Dhabi research findings show a total revenue of US$8.39bn in the fourth quarter, a remarkable rise from the start of 2017...