In a major milestone for the UAE’s peaceful nuclear energy programme, the FANR Abu Dhabi ( Federal Authority for Nuclear Regulation) on 17th February 2020 announced the approval for the operating license for the Unit 1 reactor at the Barakah Nuclear Power Plant. The approving license caps a 12-year journey since the UAE officially launched its […]
The Abu Dhabi National Oil Company (Adnoc) announced, on Tuesday 18th February 2020, the award of two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometers northwest of Abu Dhabi city. The Dalma project is a key part of the Ghasha ultra-sour gas concession which is central to […]
ADNOC Group The Abu Dhabi National Oil Company (ADNOC) has been named the UAE’s most valuable brand for a second consecutive year by Brand Finance, the world’s leading brand valuation and strategy consultancy. ADNOC group ’s $11.39 billion (Dh41.83 billion) 2020 brand value, a 28.6 per cent increase over the previous year and a 145 […]
Masdar & EDF Group Agreement Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture company dedicated to energy efficiency and distributed solar power generation projects. The agreement was signed by Mohamed Jameel Al […]
Abu Dhabi Value certification is similar to the Abu Dhabi National Oil Company’s (ADNOC) “In-Country Value” (ICV) program. Abu Dhabi Department of Economic Development (ADDED) has introduced an Abu Dhabi value certification program in 21st April, 2019 which requires that all suppliers of goods or services of any Department related to Abu Dhabi’s Government are […]
Before it actually begins operating, a commercial enterprise must obtain a license that allows it to carry out its chosen economic activity. There are different types of business licenses like Commercial, Agricultural, Crafts, Professional, Industrial, and Tourism. Expatriates desiring to set up a business in Abu Dhabi need to partner with an Emirati. The Emirati […]
The Abu Dhabi National Oil Company will for the first time start trading futures contracts of its flagship Murban crude oil next year on an international exchange, as part of a radical overhaul that is intended to maximize revenue from the emirate’s main natural resource. Abu Dhabi’s Supreme Petroleum Council on Monday approved a decision […]
ADIPEC– Abu Dhabi International Petroleum Exhibition and Conference In November 2019, Abu Dhabi once again hosts the largest gathering of the global oil and gas community outside North America for the 22ND Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The eyes of the world will focus on ADIPEC between 11 – 14 November 2019, when 110,000+ […]
Abu Dhabi Instant License The three-year Abu Dhabi Development Accelerator Programme, Ghadan 21 which kicked off at the start of 2019 announced a host of new initiatives under its programme which includes Dh4-billion fund for R&D, new industrial tariffs, new licenses for technology businesses, and easier accessibility of funds for the SMEs and Abu Dhabi […]