Etihad Airways has been recognised as the airline with the ‘Best Cabin Crew’ as well as being awarded the ‘Best First Class’ at the Business Traveller Middle East Awards 2022. The airline’s Cabin Crew are renowned for their authentic and personal service inspired by traditional, generous Emirati hospitality. Etihad has won many awards for its […]Read More
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Executive Council and Chairman of Abu Dhabi Executive Office, has visited the World Utilities Congress 2022, taking place under his patronage and hosted by Abu Dhabi National Energy Company (TAQA) at ADNEC. Sheikh Khaled toured the exhibition, met with local and global energy […]Read More
Japan’s imports of crude oil from the United Arab Emirates increased significantly in March 2022, reaching 34.11 million barrels, or 38.3% of the total, compared to 24.67 million barrels, or 31.4% in February, according to data from the Agency for Natural Resources and Energy, that belong to the Ministry of Economy, Trade and Industry. This […]Read More
The price of OPEC basket of thirteen crudes stood at US$113.04 a barrel on Thursday, compared with US$110.83 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 Heavy (Iran), […]Read More
The Sharjah Investment and Development Authority (Shurooq), under the umbrella of the Sharjah Commerce and Tourism Development Authority (SCTDA), has announced its fifteenth consecutive participation at the Arabian Travel Market (ATM) taking place at the Dubai World Trade Centre from May 9 – 12. The authority will also be present at their online event, ATM […]Read More
Expo 2020 Dubai awarded AED 6.8 billion of contracts to small and medium-sized enterprises (SMEs), providing a significant contribution to a vital sector of Dubai’s vibrant economy and exceeding a commitment made in 2016 to award at least 20 percent of all direct and indirect spend to SMEs. The figure represents more than a quarter […]Read More
Abu Dhabi Commercial Bank PJSC (ADCB) delivered a solid performance in the first quarter of 2022, despite ongoing global uncertainty, recording a net profit increase of 32 percent year-on-year (YoY) to AED 1.483 billion – equivalent to a return on average tangible equity of 12.6 percent. According to its financial results which it released today, […]Read More
Muhammad Ali Al Janahi, Acting Director-General of the Ajman Chamber of Commerce and Industry (ACCI), has confirmed that the Ajman Chamber has increased its new members from establishments during 2021, which reflects the Chamber’s efforts in promoting Ajman’s economic fundamentals and investment opportunities available in various sectors, strengthening global relations to attract new investors, and […]Read More
The price of OPEC basket of thirteen crudes stood at US$100.12 a barrel on Thursday, compared with US$106.13 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 (Iran), Basra […]Read More
The Saudi Arabian Oil Company (Saudi Aramco) has announced its full-year 2021 financial results, reporting that its net income saw increased to US$110 billion in 2021, compared to US$49 billion in 2020. The increase in net income reflects higher crude oil prices, stronger refining and chemicals margins, and the consolidation of SABIC’s full-year results. In […]Read More
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