Mega-deals totalling more than $3.4 billion are won by ADNOC Drilling

ADNOC Offshore of the UAE has given ADNOC Drilling two contracts for more than $3.4 billion (AED 12.6 billion) to increase offshore drilling operations and hire eight jack-up rigs to increase production capacity.

These contracts are worth a combined $1.5 billion (AED 5.6 billion) and $1...

The first significant Turkish acquisition by the UAE since relations have improved

The first significant business transaction between the two nations since relations between them thawed is the purchase of a 50% stake in a Turkish company with ties to President Recep Tayyip Erdogan by a United Arab Emirates company managed by the nation's national security adviser.

Here is the justification behind Pakistani players' ineligibility for the UAE T20 League

Beginning in January of next year, the UAE International League T20 (ILT20) will play its inaugural season. For the event, the league has already made some significant signings. The Pakistani players, though, are unlikely to take part in the campaign. Here, we examine the reasons why Pakistani pl...

Government Uses AI to Predict 7 Million People's Future Health Risks

A Patient Risk Profile has been added to Malaffi, the region's first Health Information Exchange (HIE) platform and a key initiative of the Department of Health - Abu Dhabi (DOH). This new functionality is now accessible to all physicians with access rights to the platform.

The feat...

Ahead of a potential IPO, UAE hospital group Burjeel reports record full-year revenues

Before a potential IPO that could happen as early as this year, UAE-based hospital firm Burjeel Holdings released its preliminary financial results on Thursday.

Although a final decision has not been taken, Burjeel acknowledged that it had recruited experts, including JP Morgan, to mana...

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...

According to a survey, one in three UAE internet customers have trouble recognising fraud and scams

According to a survey by the world's largest digital payments company, Visa, and Dubai's Department of Economy and Tourism, about one in three online buyers in the United Arab Emirates still find it difficult to recognise fraud and scams.

The majority of respondents to the 2022 ...

UAE Fulbright Scholarship awarded to an Emirati student who would study energy and environmental policy

Maryam Al Hammadi, a member of the NYU Abu Dhabi (NYUAD) Class of 2019 who will pursue a master's degree in international studies at the University of Washington in the US, has been awarded the UAE Fulbright Scholarship.

At the intersection of science, international relations, and p...

Coral Energy of United Arab Emirates Becomes the Top Fuel Oil Supplier for Pakistan After Winning Import Tenders

In recent months, Coral Energy a Dubai-based trader has supplied the most fuel oil to Pakistan after it won tenders allowing import facilitated by Pakistan State Oil.

It was informed by a spokesman of the energy ministry in Pakistan that to fulfill the increasing requirement for oil in ...

In the UAE International League T20, Manchester United's owners may be the only employers of Pakistani cricketers

The CSA T20 league and the UAE International League T20 are the two brand-new T20 competitions that are now receiving a lot of attention in the cricketing globe (ILT20). The Indian corporates own 11 of the 12 teams that will compete in these two leagues.

Only three teams in the ILT20 le...

US Has Put Sanctions On UAE

The United States of America has imposed sanctions on a company based in the United Arab Emirates in addition to a number of firms located in Asia for their part in facilitating the illegal sale of oil worth millions of dollars worth of oil from Iran to be sent to East Asia. The oil was sent to E...

UAE Will Start the MMA League

When the season-based mixed martial arts league broke the news a few weeks ago that they would be introducing a new division, they announced that it would be called PFL Europe. PFL Europe is going to be the name of the new division. This new division will feature European fighters and tournaments...

New Oil Retail Prices for August in the UAE

In adherence to the policy set in 2015 of deregulating prices to get in sync with global rates, the new retail prices for August will be announced by the UAE.

The price of Fuel has risen consecutively in the previous two months due to an increase in the global oil prices. Since the star...

Borouge Reports a Net Profit of 490 Million Dollars for the Second Quarter

Borouge is a petrochemical company based in the state of Abu. It is a joint venture between Borealis AG and Abu Dhabi National Oil Co Dhabi and is designed to produce specialty plastics for consumers and manufacturing goods.

Investors looked in awe as Borouge shared that its net profit ...

By the fourth quarter, Life Healthcare hopes to have 50 walk-in clinics

By the fourth quarter of the year, 42 additional walk-in clinics at its pharmacies in Dubai, in addition to the eight currently operating, according to local UAE brand Life Healthcare Group. To promote community health and wellness, it also announced the beginning of the "Preventive Health f...

UAE and Saudi Arabia Can Contribute More to Oil Production

It was evaluated by Brett McGurk, the White House Middle East coordinator, who shared with think tank experts, that the United Arab Emirates and Saudi Arabia could further increase their oil production.

He further stated that after the initial steps that were taken a few weeks ago by th...

UAE, and Nigeria sign agreements to increase collaboration in the arts, youth, and sports

At the initial meeting of the UAE-Nigeria Joint Committee, the two sides also demanded the creation of new avenues for bilateral collaboration.

At the first UAE-Nigeria Joint Committee meeting, the UAE and Nigeria emphasised the necessity for opening new avenues of bilateral collaborati...

To get closer to providing clients with a "hyper platform," Astra Tech acquires Rizek

Dubai: By integrating the services of Rizek, a locally developed UAE-born super platform for on-demand personal and home services, into its ultra platform, Astra Tech ('Astra'), technology development and investment group founded by Abdallah Abu Sheikh, a serial entrepreneur and pioneer i...

Free medical care has been announced for victims of domestic violence and human trafficking

The National Health Insurance Company-Daman has announced that victims receiving care from Ewaa will receive free full healthcare coverage. This occurs shortly after Daman and the Abu Dhabi Centre for Sheltering and Humanitarian Care-Ewaa, a subsidiary of the Abu Dhabi Department of Community Dev...

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...