UAE Archives — City Business News

March 30, 2024 No Responses

BGN, Others Secure $370m For Three New Gas Carriers

Swiss energy company BGN and Al Seer Marine, the UAE-based player across multiple marine sectors, have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea...

December 26, 2023 No Responses

Plane Held Over Trafficking Lands In India

A plane carrying hundreds of Indian nationals who were held for days at an airport in France over human trafficking fears has arrived in India. BBC report that the chartered Airbus A340, which had been flying from the United Arab...

November 27, 2023 No Responses

Agency Partners DP World On Maritime Logistics

The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based port developer and operator, to advance decarbonization solutions for ports and maritime logistics. Through the agreement, the two organizations w...

September 15, 2023 No Responses

Nigeria Insists On BASA Reciprocity With UAE

The Nigerian Government through the Minister of Aviation and Aerospace Development, Mr. Festus keyamo, on Thursday reiterated that the United Arab Emirates (UAE) carriers would return to the Nigerian routes very soon. The Minister explained that the Fede...

June 29, 2023 No Responses

AD Port Group Seals New Concession deal

UAE-based port operator, AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint.....

September 29, 2022 No Responses

Germany, UAE Reinforce Energy Partnership

Germany and the United Arab Emirates (UAE) have entered into a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the two countries in energy security, decarbonisation and climate action. ...

March 21, 2022 No Responses

Japan Presses UAE To Pump More Oil

Japan on Sunday urged the United Arab Emirates to pump more oil to calm markets rocked by Russia’s invasion of Ukraine, the latest major consumer to lobby Gulf producers.The plea by Japan’s Foreign Minister Yoshimasa Hayashi came during m...

March 10, 2022 No Responses

Oil Prices Plunge As UAE Supports Supply Boost

Oil prices have plunged after the United Arab Emirates said it supported increasing production. Brent crude, an international benchmark, fell more than 17% at one point after the statement by the UAE, a member of the powerful oil cartel Opec. ...

January 11, 2022 No Responses

UAE To Introduce Green Ship Recycling Regulations In 2022

The United Arab Emirates (UAE) is making progress with national ship recycling regulations that are expected to be unveiled during 2022. The move is said to be in line with UAE’s commitment to responsible ship recycling practices and comes at...

January 11, 2020 No Responses

SIFAX Pledges Export Support For Nigerian Farmers

SIFAX Group has assured Nigerian farmers willing to export their agricultural produce of its readiness to support them. This pledge was made by the SIFAX Group management team at the just concluded Meet The Farmers Conference which was held in...

December 3, 2019 No Responses

UAE Pledges To Deepen Bilateral Relations With Nigeria

United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Dr Fahad AL-Taffaq, the United Arab Emirates (UAE) Ambassador to Nigeria, made this known in his add...

March 6, 2019 No Responses

Air Peace: No Plan To Operate UAE Flights From Port Harcourt

Air Peace on Tuesday dismissed reports that it plans to originate its flights to Sharjah and Dubai in the United Arab Emirates (UAE) from Port Harcourt, Rivers State. A statement signed by the carrier’s Corporate Communications Manager, Mr. Chris Iwarah...

December 11, 2017 No Responses

Qatar stakes £6b on 24 eurofighter jets

A £6bn deal to sell Eurofighter Typhoons to Qatar will help safeguard thousands of UK jobs. BAE Systems employs about 5,000 people in the UK to build the fighter jets, mainly at Warton in Lancashire. Qatar’s purchase of 24...