Abu Dhabi National Oil Company (ADNOC), today, signed an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company for Onshore Petroleum Operations (ADCO).
The agreement was signed by His Excellency Dr Sultan Ahmed Al Jaber, ADNOC Group Chief Executive Officer and... Read More
WAM -- UAE company, Siham Al Khaleej Technology, SAKT, together with Leonardo, the Italian high-tech company in aerospace, defence and security and MBDA, jointly owned by Airbus Group, Bae Systems and Leonardo, have unveiled a new combined Anti-Air and Anti-Surface Weapon System, SIHAM3, a naval defence system, at Navdex 2017.
The companies say that the cost-effective weapons system provides a comprehensive and stand-alone anti-air and anti-surface capability to all types of warships... Read More
WAM -- Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today opened the thirteenth edition of the International Defence Exhibition and Conference, IDEX 2017, the Middle East's leading arms and defence technology sales exhibition.
The exhibition is being held under the patronage of President His... Read More
Staged at the Dubai Duty Free Tennis Stadium in Garhoud, the action will commence today for the Dubai Duty Free Tennis Championships with the WTA Premier 5 event, followed on 27 February with the ATP 500 tournament offering a combined prize pool of US$5.2 million.
Roger Federer has returned to the game fresh and with his desire just as strong as ever as he launches his bid to climb back up the rankings after injury ravaged his 2016 season. And in a brilliant start to his 2017 campaign... Read More
The WTA announced that Dubai Duty Free, the world's leading airport retailer, has extended its longstanding global sponsorship of women's tennis.
Under the agreement, Dubai Duty Free continues as one of the WTA's premier sponsors, with the partnership’s core elements designed to align Dubai Duty Free's standing as the single largest airport duty free retailer in the world with the WTA's premium assets.
The Dubai Duty Free Player Ambassador Program will be supported by WTA... Read More
14,500 members of the UAE community have joined the 8th annual Walk for Education, organized by Dubai Cares, part of Mohammed bin Rashed Al Maktoum Global Initiatives, to walk in solidarity with millions of children around the world who have limited or no access to education. Adults, children gathered for the popular community event to walk a symbolic 3km route along Riyadh Road in Dubai to raise funds and heighten awareness around the plight of millions of children who walk an average of... Read More
WAM -- The United Arab Emirates (UAE) took the top spot in the Middle East and ranked 8th globally in the 2017 Index of Economic Freedom, released by the US-based Heritage Foundation.
The UAE made incredible progress compared with the 2016 Index, which came second in the Middle East and ranked 25th globally.
The UAE advanced a whopping 17 positions outperforming world's major economies like the UK (12th), Luxembourg (14th) and the US (17th).
Hong Kong topped the list,... Read More
WAM -- City Walk, the urban living destination by Meraas, will transform into an ‘open air canvas’ for the world’s best 3D street artists to create stunning artworks during the Dubai Canvas 3D Art Festival 2017.
The high-end lifestyle destination, stretching over 10 million square feet, will provide a vibrant venue for artists to create and display their 3D artworks at the Festival. To be held from 1st to 7th March 2017, Dubai Canvas will feature the works of 25 international artists... Read More
WAM-- IDEX Defence Conference 2017, part of the 13th International Defense Exhibition and Conference (IDEX 2017) and the fourth Naval Defence Exhibition (NAVDEX 2017), began today at the headquarters of the National Archives in Abu Dhabi, under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
Mohammed bin Ahmed Al Bowardi, UAE Minister of State for Defence Affairs, decision markers and industry experts attended the opening of the conference.
The event... Read More
Dubai, United Arab Emirates, February 15th, 2017: In anticipation of their participation at Gulfood 2017, Japan External Trade Organization (JETRO) hosted a seminar highlighting the healthy Japanese diet, characteristics of authentic Japanese products and the fusion of these ingredients in World Cuisine. Inaugurated by His Excellency Hisashi Michigami, the Consul General of Japan in Dubai, the event provided a platform to promote traditional Japanese ingredients and better explore trade... Read More