Two offshore contracts worth over $3.4 billion are won by ADNOC Drilling

The Abu Dhabi National Oil Company (ADNOC) has announced the award of two contracts to ADNOC Drilling for the hiring of eight offshore jack-up rigs to boost production capacity, totalling more than $3.4 billion (AED12.6 billion).

According to a statement released by ADNOC Offshore on Th...

Project Dh22b Borouge-4 progress is being made

According to Borouge, the project is on schedule to be finished by 2025 as early work has already begun.

With the engineering, procurement, and construction (EPC) contractors starting work soon, the Dh22 billion Borouge-4 project in Ruwais, which was initiated early this year by Adnoc a...

Industrial Workers Heat Stress Campaign

Dr. Vinod Thampi, the Chief Executive Officer of Ahalia Hospitals and the person responsible for launching the "Beat the Heat" campaign, stated that the Group's healthcare institutions would be holding awareness programmes for the general public and teaching personnel how to deal wi...

Youth in Abu Dhabi start skating because of the epidemic boredom

In Abu Dhabi, skateboarding is starting to gain popularity as more and more kids can be seen riding skateboards around town.

The Covid-19 lockdown ennui that gave rise to the skateboarding fad in the capital of the UAE quickly spread to other parts of the city, making it one of the fast...

Adnoc is aware of products with a $19 billion potential for local manufacture

The Abu Dhabi National Oil Company (Adnoc) declared on Tuesday that it had identified products in its pipeline for purchases worth Dhs70 billion ($19 billion) that could be produced locally.

Adnoc negotiated contracts for local manufacturing opportunities of Dhs21 billion ($5.7 billion)...

Before the end of the year, the UAE might be home to another 4,000 millionaires

More than 4,000 millionaires are expected to relocate to the UAE this year, putting the country among the top ten destinations for high-net-worth individuals. According to the 2017 Henley Global Citizens Report, the reasons for this are the absence of a personal income tax and rising revenues in ...

Borouge's $2 billion investment The IPO in Abu Dhabi has attracted Asia's richest man

The United Arab Emirates (UAE) largest oil company and Borealis AG are planning an initial public offering (IPO) of their chemicals joint venture in Abu Dhabi, which is expected to be the emirate's largest-ever listing.

The IPO offer price for Borouge has been set at 2.45 dirhams pe...

ADNOC and Borealis will sell a 10% stake in their joint venture polymer giant Borouge to the public

On Wednesday, Abu Dhabi National Oil Company (ADNOC) and its long-time partner Borealis AG announced their plan to list 10% of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX) in an initial public offering (IPO).

Subject to regulatory approvals...

Younis Khan Praises World Class Cricket Facilities at Abu Dhabi

Pakistani legend Younis Khan came back to Abu Dhabi Cricket in April, hailing his amazing experience with the Afghanistan team as a huge success because of the first-class facilities of the venue and its hosting capabilities.

Khan was initially approached by the Afghanistan Cricket Boar...

Adnoc purchases a 25% interest in Borealis

On Friday, the Abu Dhabi National Oil Company (Adnoc) and Mubadala Investment Company (Mubadala) established a strategic partnership with Borealis AG (Borealis), one of Europe's premier petrochemical firms. Adnoc will purchase a 25% stake in Borealis from Mubadala under the terms of the agree...

New York University Abu Dhabi is establishing research centres to study climate change and artificial intelligence

New specialised sections will study engineering and robotics.

New York University Abu Dhabi has announced four new research centres as part of its ambitious aims to combat climate change and enhance artificial intelligence.

The Research Institute at NYUAD will be the driving f...

Abu Dhabi Boat Show to be Held in November

The latest technologies related to boats, yachts, and other maritime products will be showcased from 24th November to 27th November at the 4th edition of the Abu Dhabi International Boat Show.

This show will be organized under the patronage of the Crown Prince of Abu Dhabi Sheikh Nahyan...

SEHA effectively treats a 3-year-old kid with a rare neurological illness with a novel tailored treatment

Abu Dhabi Health Services Company (SEHA), the UAE's biggest healthcare network, has successfully treated a three-year-old Emirati kid with Duchenne Muscular Dystrophy with a breakthrough genetic treatment (DMD).

With the youngster having difficulty standing and walking, his parents ...

BR Shetty appreciates the chance to 'clean his reputation in the UAE trial.

An English judge has denied Abu Dhabi Commercial Bank's (ADCB) bid to hold a $1.2 billion trial in London, accusing top executives of robbing private healthcare business NMC before it failed in 2020.

Judge Mark Pelling ruled that the trial should be held in Abu Dhabi, a setback to A...

Adex and the Brazilian delegation are looking at measures to improve economic cooperation

As of 2020, commerce between the UAE and Brazil was $2.7 billion, with agriculture items accounting for 60% of all Brazilian exports to the UAE and chemicals and sulphur accounting for the majority of Brazilian imports from the UAE.

Mohammed Saif-Al-Suwaidi, director-general of the Abu ...

The Ukraine conflict allows the UAE to pull Syria's Assad in from the cold

Since its military participation in the Syrian civil war in September 2015, one of Russia's main foreign policy objectives has been to persuade Gulf Arab monarchs to recognise the survival of Syrian President Bashar al-government Assad and its "legitimacy."

A slew of recen...

Ambulatory Healthcare Services to Provide Premarital Screening and Counselling Service

Ambulatory Healthcare Services, which is an Abu Dhabi Health Services Company (SEHA), made an announcement that now premarital screening and counselling service would be offered by Mezyad Healthcare Center in Al Ain.

This service is provided with the help of Department of Health in Abu ...

The Inauguration of the Abu Dhabi T20 Community Cup to Provide a New Platform for Community Cricket

The strategy of the Abu Dhabi T20 Community Cup is to develop cricket in the country and its inauguration aims to encourage community cricketers to participate in Team Abu Dhabi programmes, and also in the UAE national team.

On Monday evening, the tournament ended when LLH Hospital Cric...

Adnoc Awards the Largest Sum to the Most Competitive Oil Companies

Abu Dhabi National Oil Company (Adnoc) has agreed to award a sum of $1.94 billion to various companies that are domestic and international, in aim that it would furthher boost the growth, and would add to the drilling growth of the capacity of the oil production of Emirates.

On Thursday...

ADNOC Announced as the Fastest-Growing Brand of Oil and Gas in the World

The Abu Dhabi National Oil Corporation has been announced as the world’s fastest-growing brand of oil and gas. A study reveals that the Chief Executive Officer of the oil and gas giant, Dr. Sultan Al Jaber, has been ranked the highest in the world outside of China and the United States. Thi...