Category Archives: UAE Business News
The Abu Dhabi National Oil Company (ADNOC)Â unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors.
Buildeey Tech – FZE, a Dubai-based company, has successfully launched the first and only integrated online platform for construction-related services in the UAE. This unique platform will provide a full range of building services both on their website (www.Buildeey.com) and through a free mobile app named âBuildeeyâ (available on iOS and Android devices).
Latvia sets forth to promote its strong relations with the UAE. In an exclusive interview, Her Excellency Astra Kurme, Latvian Ambassador to the UAE marks Latvia’s centennial anniversary of independence, acknowledging 100 years of its tremendous progress, political stability and economic growth that mirrors the Year of Zayed commemoration, celebrating 100 years of the late Sheikh Zayed, the visionary and founding father of the UAE.
Sleep Fine eyes expansion of partnership with top hotel chains to secure larger market share in Middle East
Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid Al Maktoum L.L.C., AL KASIR JEWELLERY TRADING L.L.C. and AL KASIR PORTAL L.L.C. announced the launch of Diamond Trading on Blockchain with three Diamond-backed Blockchain-Assets. These Assets are stored in highly secure Digital Blockchain Wallets.
His Excellency Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistanâs capital Kabul, ADFD contributed an estimated US$192 million to the social housing development project.
Speaking on World Health Day, Dr Yehia El Gabbani, Hospital Director of Emirates Hospital-Jumeirah, said the UAE healthcare marketâs innovative progress make it the leading healthcare destination in the MENA region. The country has seen a surge in new specialised services and treatments for residents and innovative products such as surgical robots, augmented reality systems, and artificial intelligence.
- Major onshore and offshore blocks across the emirate opened for new competitive bidding round
- Estimates suggest blocks contain substantial amounts of oil and gas
- Successful bidders will have the opportunity to explore, and then develop and produce discoveries with ADNOC
- Prospective partners invited to register interest for an invitation to international roadshow presentations on new blocks
Â The Abu Dhabi National Oil Company (ADNOC) announced, today, as part of Abu Dhabiâs first ever block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the details of the initial round of six geographical oil and gas blocks open for bidding. This follows the announcement last month by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO that Abu Dhabi was to launch its first ever competitive exploration and production bid round.
- New facility to enable company to secure larger market share in UAE
- Production of novel and innovative foam bed products also in the pipeline
Sleep Fine, a well-respected household brand under the family enterprise Three Stars Foam Factory, has announced that it will open its new state-of-the-art factory in Sharjah in 2020 to increase its production capacity. The soon-to-rise facility will enable Sleep Fine to secure a larger market share amid rising demand for high-quality and sophisticated foam bed products.
Former Polish President Calls on Europe to Follow Example of Sharjah in Government Communication at IGCF
The 7thÂ International Government Communication Forum (IGCF), organised by the International Government Communication Centre of Sharjah Government Media Bureau, opened its second day at Expo Centre Sharjah with speeches by the guest of honour Lech WaĹÄsa, former President of Poland, and HE Tariq Saeed Allay, Director of Sharjah Government Media Bureau. The opening session was moderated by Maqsoud Kruse, Executive Director of âHedayahâ.
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