Sheikh Nahyan bin Mubarak Al Nahyan, Head of Ministry of Culture, Youth, and Social Development, United Arab Emirates (UAE) has said that many UAE companies are interested to invest in Pakistan due to improving economic situation. During his visit to …
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UAE makes significant achievements in logistics and transport
Dubai: The National Agenda indexes regarding environment and infrastructure showed paradigm shifts in performance, as did results for online and smart services and the quality of air transport infrastructure. The results were announced in line with the …
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UAE successfully concludes Year of Reading
Abu Dhabi: The UAE successfully concluded the Year of Reading with a number of achievements and projects. Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future and Chairman of the Higher Committee for the Year of Reading, said that the …
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Etisalat to offer public WiFi at this sports club
Etisalat is offering public WiFi access to all members and visitors at Abu Dhabi based Al Jazira Sports and Cultural Club, one of the winning and participating teams in the UAE Arabian Gulf Football League. The club established in 1974 primarily plays …
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Etihad confirms job cuts in UAE
Dubai: Etihad Airways is cutting down its workforce as part … an ”ongoing process of organisational reviews and restructuring in different parts of the business.” “The restructuring will result in a measured reduction of headcount in some parts …
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Personal Loan Dubai by Doha Bank
Personal Loan Dubai by Doha Bank – The money you need when you need it. Whatever your desire, we can quickly arrange affordable finance with a rate that’s competitive and automatic repayments spread over 48 months or more. And we won’t leave you …
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Abu Dhabi becomes a top BP shareholder
Abu Dhabi has become one of BP’s biggest shareholders under a deal which gives the oil company a much bigger stake in the emirate’s oil output. BP will take a 10% share in ADCO, which owns onshore oil fields that account for most of Abu Dhabi’s production.
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BP Awarded 10% Interest in Abu Dhabi’s ADCO Onshore Concession
BP has signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest in Abu Dhabi’s ADCO onshore oil concession, which has a life of 40 years. In addition …
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BP Acquires A 10 Percent Stake In UAE Oil Fields
BP has acquired 10 percent of the Abu Dhabi Company for Onshore Petroleum Operation’s (ADCO) oil concessions in a $2.2 billion shares swap deal with the Abu-Dhabi emirate. BP will pay for its stake by transferring 2 percent of its share capital to the …
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Abu Dhabi's Etihad Airways to cut headcounts on 'increasingly competitive landscape'
Abu Dhabi’s Etihad Airways, citing “an increasingly competitive landscape,” says it is making an unspecified number of layoffs. The Abu Dhabi-owned carrier, which is the United Arab Emirates’ national airline, made the announcement late on Sunday night.
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Masdar Launches 5th International ’Engage’ Blogging Contest
Abu Dhabi’s renewable energy company, Masdar, has launched its fifth annual international ‘Engage’ blogging contest ahead of the Abu Dhabi Sustainability Week, ADSW, 2017, in January. Under the theme, “Technology for a Sustainable Future”, the …
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Mubadala To Hold Abu Dhabi's 2% Stake In BP
The 2% stake in BP sold to Abu Dhabi in exchange for a holding in Abu Dhabi Company for Onshore Petroleum Operations (ADCO) will be controlled by Mubadala Development Co. DUBAI, Dec 19 (Reuters) – The 2 percent stake in BP sold to Abu Dhabi in exchange for …
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BP signs oil deal with Abu Dhabi worth $2.22bn
http://www.independent.ie/world-news/bp-signs-oil-deal-with-abu-dhabi-worth-222bn-35301700.html http://www.independent.ie/world-news/article35301699.ece/473e7/AUTOCROP/h342/PANews_P-b1d3087e-ae4f-424d-8107-ae82ef7d0c87_I1.jpg The deal grants BP a 10 per …
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Fun Drive to roll in 36th edition
Abu Dhabi: The highly anticipated annual Gulf News Overnighter Fun Drive returns on January 13 and 14, 2017, with hundreds of off-road vehicles traversing beautiful dunes in the Western Region of the UAE. The Friday-Saturday weekend will see a flag-off in …
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$3 billion Dubai amusement park complex includes Legoland, Bollywood-themed park
A massive complex of amusement parks in the southern desert of Dubai has celebrated its opening. Organizers held the event Sunday for the Dubai Parks & Resorts project after it formally opened Friday. The park includes a Legoland, a Bollywood-themed park …
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Islamic Banking by Noor Bank Dubai
Islamic banking is banking that is consistent with Shari’a, and carried out in accordance with the rules of Shari’a known as fiqh mu’alamat, which means ‘rules of financial transactions’. One of the key highlights of Islamic banking is that it …
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New law to legally bind tenants in UAE for fire safety
Dubai: Soon, tenants in the UAE will face penalties for non-compliance of their responsibilities in ensuring fire safety in their buildings, Gulf News has learnt. Tenancy contracts will have to spell out roles and responsibilities of tenants and make them …
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