ADNOC Logistics & Services (L&S), the maritime arm of ADNOC, announced today the acquisition of an Ultramax bulk carrier (Al Karama), following the acquisition of two Ultramax carriers earlier this year. The Al Karama bulk…Continue Reading
Day: November 12, 2020
ADNOC Leverages Advanced Technologies To Enhance Drilling Efficiencies And Unlock $2 Billion In Cost Savings
The Abu Dhabi National Oil Company (ADNOC) announced, today, it has achieved cost savings of $2 billion (AED7.36 billion) over the past five years by leveraging advanced technologies and digitalization to enhance drilling efficiencies and…Continue Reading
The UAE’s Largest Permanent Obstacle Course Site, OCR Park is now open in Abu Dhabi!
Calling outdoor fitness enthusiasts and adventure seekers of all ages! The UAE’s biggest permanent obstacle course site, OCR Park, is now open on Hudayriyat Island in Abu Dhabi. The 94,843sqm OCR Park merges together obstacle course racing and endurance fitness, with…Continue Reading
Aldar Q3 2020 Revenue Up 30% To AED 2.1 Billion And Net Profit Up 8% To AED 416 Million Driven By Record Quarter For Development Business
Aldar Properties PSJC (“Aldar”), the largest listed real estate company in the United Arab Emirates (UAE) by market capitalization, today reported a 30% year on year increase in revenue to AED 2.1 billion. Gross profit…Continue Reading
Louvre Abu Dhabi Marks 3rd Anniversary
Louvre Abu Dhabi celebrated its third anniversary on 11th November, 2020, reflecting on its most innovative year to date and looking ahead to the future of the institution. In the face of 2020’s unprecedented adversity,…Continue Reading
