Dubai Multi Commodities Centre (DMCC) has reported its best ever performance in the first half of a year, registering 1,469 new companies in the first six months of 2022. This represents a 19 percent increase over the same period last year. In June alone, DMCC welcomed 323 new businesses to its Free Zone and business […]Read More
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have entered into binding agreements for TAQA and ADNOC to purchase stakes in Abu Dhabi Future Energy Company (Masdar) from Mubadala. This is a major milestone towards completing the transaction announced late last year by President His Highness Sheikh […]Read More
Dubai International Chamber, one of three chambers operating under Dubai Chambers, has announced the opening of its new representative office in Mexico City as part of efforts to strengthen the Chamber’s presence in Latin America and explore new avenues of bilateral economic cooperation. The Mexico office, Dubai International Chamber’s fourth office in Latin America, is […]Read More
DAMAC Group and the Knowledge Fund Establishment have signed an AED20 million sponsorship agreement to support the Dubai Schools project. According to the agreement, DAMAC Group will provide scholarship funding for Emirati students’ tuition fees starting with the 2022-23 academic year. The agreement is in line with the vision of His Highness Sheikh Mohammed bin […]Read More
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, recently hosted a team from Dubai Land Department (DLD) at its headquarters, where representatives from the Chambers shared its experience and best practices in digital transformation and customer service. The meeting explored potential collaboration and discussed knowledge sharing opportunities focusing on government […]Read More
The Sharjah Electricity, Water and Gas Authority (SEWA) won the gold level in the Harvard International Business Council Award 2022, based in New York, USA, for the project of natural gas distribution networks in the emirate of Sharjah as the best project that has a positive impact on the environment and society. This award, granted […]Read More
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC) and the region’s largest shipping and logistics company, announced today its decision to purchase three additional liquefied natural gas (LNG) vessels. ADNOC L&S is the region’s largest shipping and integrated logistics company and the state-of-the-art […]Read More
The price of OPEC basket of thirteen crudes stood at US$116.50 a barrel on Thursday, 26th May, compared with US$115.83 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 […]Read More
The price of OPEC basket of thirteen crudes stood at US$112.04 a barrel on Thursday, 19th May, compared with US$114.94 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran […]Read More
The price of OPEC basket of thirteen crudes stood at US$109.30 a barrel on Thursday, 12th May, compared with US$109.02 the previous day, according to OPEC Secretariat calculation. 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 […]Read More
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