Picture used for illustrative purpose only.
A UAE official said on Tuesday that the oil tanker MT RIAH is not owned by the UAE.
He explained in a statement, "The tanker in question is neither UAE owned nor operated.
"It does not carry Emirati personnel, and did not emit a distress call.
"We are monitoring the situation with our international partners," he concluded.
The Abu Dhabi National Oil Company (Adnoc) announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest Dhs1.1 billion ($300 million),
Economic activity in the UAE is set to accelerate to 2.2 per cent in 2019, up from an estimated 1.7 per cent in 2018, according to ICAEW’s latest Economic Insight report. This will be buoyed by a pick-up in non-oil activity, rising public spending at the Federal and Emirate levels, higher investment ahead of the highly anticipated Expo 2020 and continued regional economic recovery.
Adnoc is absorbing, embedding and applying cutting edge technology at every step of the production process from oil platforms to trading platforms, said Dr Sultan Al Jaber, CEO of ADNOC Group. ‘’In short, as we enter a new age of technology, the world remains reliant on a 160-year-old industry,
The UAE-based, Grandweld Shipyards, has delivered four crew boats to Kuwait Oil Company (KOC). As per the contractual agreement signed in May 2017, Grandweld would build six Pilot Boats and four Crew Boats for KOC. Five boats have been delivered and the remaining will be delivered in June 2019.
The third day of what had been a peaceful demonstration against the law, passed by India's Parliament last week, descended into chaos Sunday afternoon. Three buses were set on fire, police officials said.
At least 10 people died in a factory fire outside the Bangladeshi capital Dhaka, officials said on Sunday, the second deadly industrial blaze in four days.
Sexual offences against women and children continued unabated despite Andhra Pradesh passing stringent laws to provide for harshest punishment to the guilty in such cases.