Abu Dhabi oil firm gets major investment from China

ABU DHABI, U.A.E. - As Abu Dhabi, that has nearly 6 percent of the global crude oil reserves, looks eastward for investment, it has managed to attract China National Petroleum Corp. that has poured in a huge sum into ADNOC. Abu Dhabi National Oil Co. has ... ( read original story ...)

Dubai Chamber outlines new objectives to support growth

The strategy aims to promote Dubai as a global business hub, create a favourable business environment and support the development of business in Dubai. Under the strategy, six initiatives were outlined to ensure that the Dubai Chamber supports the ... ( read original story ...)

Brexit jitters already steering more UK investors to Dubai

According to UAE listings portal, propertytrader.ae, the prolonged and uncertain nature of the so-called Brexit is finally pushing UK buyers to find somewhere stable to invest, away from home and Europe, and Dubai seems to be the obvious choice. ( read original story ...)

UAE Central Bank announces banking developments

he UAE Central Bank has announced that the money supply aggregate, M1 (currency in circulation outside banks and monetary deposits in current accounts and call accounts at banks), increased by 1.3 percent, from AED474 billion at the end of December 2016 ... ( read original story ...)

Australia and UAE to deepen defence ties

Australia and the United Arab Emirates (UAE) will explore closer defence ties after a meeting between Defence Industry Minister Christopher Pyne and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. Mr Pyne and Sheikh Mohammed, who is also Deputy ... ( read original story ...)

Trump sons open Dubai golf course, praise U.S. ally

DUBAI (Reuters) - U.S. President Donald Trump's eldest sons Donald Trump Jr. and Eric Trump were guests of honor at the opening of a Trump-branded golf course in Dubai on Saturday, the first Trump property project launched since their father's inauguration ... ( read original story ...)

Abu Dhabi announces 5-year environment strategy

Abu Dhabi: The Environment Agency - Abu Dhabi (EAD) has launched its new Strategic Plan 2016 – 2020, which defines the strategic initiatives that contribute to the Abu Dhabi Plan and the successful implementation of its priorities. The strategy, ... ( read original story ...)