State-owned Abu Dhabi National Oil Co (ADNOC) plans to almost triple its petrochemical production to an annual 11.4 million tonnes from 4.5 million tonnes by 2025, group chief executive Sultan Al Jaber said on Monday. "To achieve this we will seamlessly integrate our petrochemical and refining...

Dubai will soon follow the unveiling of the world’s first 3D-printed building with even more equally ambitious projects, but construction of a large-scale skyscraper using the technology is unlikely in the near future, a design expert said during a presentation last week. Dubai’s ruler,...

Dubai: Ban Ki-moon, Secretary-General of the United Nations, praised the UAE for being the first member to join the World Green Economy Organisation (WGEO). He also commended the insightful vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of...

Dubai: Sharjah residents are not making the shift to new homes in Dubai, at least not in sizeable numbers to make a difference to rental dynamics, according to the latest report from the property services firm Asteco. That rents in Dubai did not decline enough — in fact they are already...

Abu Dhabi: The National Bank of Abu Dhabi (NBAD) confirmed on Sunday reports on a UK court ruling against British energy company, BP, which must now pay over $68 million (Dh250 million) to NBAD. In a statement posted to the Abu Dhabi Securities Exchange (ADX), NBAD indicated that the ruling...

Abu Dhabi Crown Prince and UK's Duke of York begin UAE chapter of business support initiative Abu Dhabi: His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces and Prince Andrew, Duke of York, on Sunday attended the...

ABU DHABI // Even though Sunday was a working day, there was a holiday atmosphere on Yas Island where thousands of fans flocked to the big race. Marie Jacob, 35, from South Africa, travelled from Dubai with her friends to watch the race, arriving about 3pm. "I am too excited and it’s...

ABU DHABI // The UAE has helped double Mauritania’s clean energy capacity by delivering and installing eight new rural solar energy plants. The plants, sponsored by Masdar, will supply an additional 16.6 megawatts of electricity, which will power about 39,000 homes and save 27,850 tonnes of...

Annual bank lending growth in the United Arab Emirates edged up to 6.0 percent in October from 5.9 percent in September, central bank data showed. UAE MONEY SUPPLY END-OCT 16 END-SEPT 16 END-OCT 15 M1 change yr/yr (pct) 3.7 4.2...

The UAE leadership pays special attention to the provision of housing for citizens as part its efforts to ensure a dignified life for Emirati families, affirmed H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah. ''In implementation of the leadership's...