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 ... ( read original story ...)

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 ... ( read original story ...)

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. ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)