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Business

ADNOC Drilling awarded $3.8 billion drilling contract

ADNOC Drilling Company PJSC announced that it has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, work-over and other well services. The contract will run for up to 5 years, for a…

ADNOC to invest $6 billion to enable drilling growth

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…

Global Aerospace Summit 2022 to return to Abu Dhabi

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…

Abdullah bin Zayed meets FM of Greece in Washington

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…

Etihad Airways raises $1.2 billion loan

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…

UAE ministers attend Central and South Asia conference

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…