Browsing: Business

His Royal Highness Mohammed bin Salman bin Abdulaziz, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced the establishment of OXAGON, forming the next phase of NEOM’s master plan and representing a radical new model for

The Abu Dhabi National Oil Company (ADNOC) announced record investments worth up to almost $6 billion (AED22 billion) to enable drilling growth as it boosts its crude oil production capacity to 5 million barrels per day (mmbpd) by 2030 and

Aviation, aerospace, space and defence leaders from across the planet will meet in-person in Abu Dhabi for the return of the Global Aerospace Summit on 24 -26 May 2022. The theme of the Summit, ‘Digital Driven Resurgence’, will showcase the

A UAE delegation, headed by Khalifa Shaheen Al Marar, Minister of State, participated in the Libya Stabilisation Conference, which was held in Tripoli in the presence of foreign ministers and senior officials from several countries, as well as representatives of

His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Foreign Minister of Greece Nikos Dendias, today reviewed the prospects of strengthening the strategic partnership ties between the two nations.This came as the two

Etihad Airways has raised US$1.2 billion in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation. The transaction is the largest sustainable financing in the airline’s history and follows two innovative aviation financing

Al Seer Marine, a marine company in the Middle East region that is engaged across multiple marine sectors, has announced the formation of a joint venture with BGN International, one of the leading energy, trading, storage, and transportation companies, to

Abdulla bin Touq Al Marri, Minister of Economy, represented the UAE in the 108th meeting of the Arab League’s Economic and Social Council, which was held today at the HQ of the Arab League Secretariat-General in Cairo. During the meeting,

India is expanding its strategic petroleum reserves programme, the Minister of State for Petroleum and Natural Gas, Rameswar Teli, told the lower House of Parliament, the Lok Sabha. In the second phase of its petroleum reserves programme, approvals were given

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, chaired the country’s delegation that participated in the international conference entitled, “Central and South Asia: Regional Connectivity. Challenges and Opportunities,” held in the Uzbek capital, Tashkent.The conference was attended by