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Dewa completes 96.50% of SWRO water desalination plant in Jebel Ali

29 Apr 2022

Dubai Electricity and Water Authority (Dewa) has completed 96.50 per cent of the Sea Water Reverse Osmosis (SWRO) desalination plant at Jebel Ali Power Plant and Water Desalination Complex. ...

Adnoc to buy 25 per cent stake in petrochemical giant Borealis

29 Apr 2022

Abu Dhabi National Oil Company (Adnoc), and Mubadala Investment Company (Mubadala), on Friday announced a strategic transaction involving Borealis AG (Borealis), one of Europe’s leading petrochemical companies. Under...

Adnoc L&S expands shipping fleet with acquisition of two LNG vessels

12 Apr 2022

Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (Adnoc), announced on Tuesday the signing of a Ship Building Contract...

Russian gas continues flowing to Europe through Ukraine

14 Mar 2022

Seventeen days after Russia invaded Ukraine, Russian gas continues to flow to Europe through Ukraine. The fighting is hard, many of the Ukrainian cities are in a rubble, and because...

After 11 years, Thailand to organise international horticulture event

11 Mar 2022

Mariecar Jara-Puyod, Senior Reporter Thailand for the third time and after 11 years, shall be the host of an International Horticulture Exposition four years from now, as approved by a...

European stocks, Asian shares record gains

16 Mar 2021

Gulf Today Report European stocks climbed on Tuesday as investors await US Federal Reserve’s views on inflation. The pan-European STOXX 600 index rose 0.5%, inching closer to a record...

Gold steadies as virus fears offset equity rally

06 Jul 2020

Gold held steady on Monday as lingering fears over a surge in coronavirus cases countered pressure from stronger equities, with focus turning to U.S. services sector data due later in...

US retail sales plunge record 16% as COVID-19 hits economy

16 May 2020

US retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country...

China auto sales fall 8.2 per cent in 2019, further decline feared

13 Jan 2020

Auto sales in China fell 8.2 per cent in 2019, data from the country’s biggest auto industry association showed on Monday. Total auto sales in the world’s biggest auto market...

Adnoc announces comprehensive 2030 sustainability goals at ADSW

13 Jan 2020

The Abu Dhabi National Oil Company, Adnoc, announced on Monday a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment...

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