A group photo of DMCA and IMDO senior officials.
Many Arabian oil exporters have begun to increase their offshore spending after nearly five years of massive cutbacks, according to a Seatrade Maritime report titled ‘Middle East Offshore Market on the Move.’
Dubai has moved up in the ranking of the world’s top 10 maritime capitals in 2019, the latest in its string of achievements that has made the emirate a globally competitive maritime hub.
The Dubai Maritime City Authority (DMCA) has revealed excellent performance in 2018, posting remarkable growth in marine licensing within its territorial waters. The DMCA announced an 18 per cent increase in the application of marine driving licences as compared to 2017
Confirmation of a new Brexit deal sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak, before familiar doubts about British parliamentary support for the agreement hauled them back.
Emirates NBD Bank on Thursday announced that it proposes to raise Dhs6.45 billion via a rights share offering to strengthen its capital base and support the future growth of the business.
The Abu Dhabi National Oil Company (Adnoc), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding, MoU, to engage in a joint feasibility study to further evaluate a collaboration