Business
RAK gears up to host 2nd edition of UAE Economic Planning Forum from October 7-8
Sunday, September 27, 2015Event to include keynote speeches by Sultan Bin Saeed Al Mansouri, Minister of Economy WAM Ras Al Khaimah: The organising committee of the second UAE Economic Planning Forum (EPF), has announced the final agenda of the forum that will be held under the patronage of His Highness Shaikh Saud Bin Saqr Al Qasimi, Supreme Council… RAK gears up to host 2nd edition of UAE Economic Planning Forum from October 7-8
Eid fun at Al Ain Zoo
Tuesday, September 22, 2015Al Ain Zoo has always offered families a journey of discovery, however the zoo will be exceeding all expectations during Eid al-Adha this year. Families who journey to Al Ain will discover 15 exciting entertainment acts, 15 special Eid animal experiences and a new limited behind-the-scenes tour. 22 September 2015 From Trash Drummers to Mime… Eid fun at Al Ain Zoo
96-hour transit visa for all airline passengers at UAE airports
Tuesday, September 22, 2015Transit passengers can avail of a 96-hour visa at UAE airports irrespective of the airlines they are flying in. A transit 96 hours visa is being issued to passengers arriving at UAE airport through any international airline, General Directorate of Residency & Foreigners Affairs-Dubai has said. Previously, such a visa was given only to passengers… 96-hour transit visa for all airline passengers at UAE airports
ADNOC is planning USD 25 billion worth of investments in offshore oil projects
Tuesday, September 22, 2015Off-shore reserves will account for approximately 50 per cent of the total oil production in Abu Dhabi by 2018 as a result of continued investments in production capacity, experts said, as the emirate gears up to host the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in November. Abu Dhabi National Oil Company (Adnoc) is… ADNOC is planning USD 25 billion worth of investments in offshore oil projects
Emirates expects to fly over 300,000 passengers during Eid Al Adha
Tuesday, September 22, 2015Travellers head home or abroad for short holidays 22 September, 2015 Dubai: Emirates is expecting more than 300,000 passengers to travel out of the UAE in September and the upcoming Eid Al Adha period as travellers head home or abroad for short holidays. Over 76,000 passengers will travel on Friday (September 18), Emirates said in… Emirates expects to fly over 300,000 passengers during Eid Al Adha
Lukoil produces 30 billion cubic meters of natural gas in Uzbekistan
Sunday, September 20, 2015LUKOIL has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan. Most of this (about 85%) comes from the Khauzak-Shady field in the Bukhara Province. Commercial gas production at the Khauzak-Shady field started in November 2007. In 2011, the West Shady site was put into operation. In 2014, a… Lukoil produces 30 billion cubic meters of natural gas in Uzbekistan
Mubadala releases operational and financial results for H1, 2015
Sunday, September 20, 2015Mubadala Development Company, the Abu Dhabi-based investment and development company, today released its interim financial statements and business highlights for the first half of 2015. Mubadala Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said, “Global economic conditions reinforce more than ever the importance of Mubadala’s long-term investment strategy and diversified portfolio. We continue… Mubadala releases operational and financial results for H1, 2015
Dubai Crude Oil Price for December delivery is US$0.25 p.b. less than average daily settlement price
Sunday, September 20, 2015The Department of Oil Affairs in the Government of Dubai has announced that it had notified its customers that the official price of Dubai crude oil which will be delivered next December, will be US$0.25 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange contracts traded… Dubai Crude Oil Price for December delivery is US$0.25 p.b. less than average daily settlement price
Foreign Investors Purchased Dh 941.6 mn worth of shares on Dubai Financial Market
Sunday, September 20, 2015Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from 13th to 17th September, 2015, reached AED 941.6 million, while value of stocks they sold stood at AED 841.8 Million, with net foreign investment on the market reaching AED 99.8 million during the period, as aggregate buy.… Foreign Investors Purchased Dh 941.6 mn worth of shares on Dubai Financial Market
Etihad Airways and partner airlines’ fundraising transaction increased to US $ 700 million
Sunday, September 20, 2015Etihad Airways and its equity partner airlines have increased the funds raised from their unique platform financing transaction to US$ 700 million following a surge in demand from international financial institutions. Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Aliltalia and Jet Airways announced on Tuesday they had successfully raised US$ 500 million… Etihad Airways and partner airlines’ fundraising transaction increased to US $ 700 million
