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UAE and China sign the approved operator’s business plan

Media In – Abu Dhabi – December 17, 2018 The United Arab Emirates and the People’s Republic of China have signed a plan of action for mutual recognition of the approved economic operator program, with the aim of enhancing trade exchange and customs cooperation between the two countries through the …

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ADNOC Distribution opens its first station in Dubai

Media In – Abu Dhabi – 17 December 2018 ADNOC Distribution has announced the opening of its first petrol distribution facility in Dubai, located in the Dubai Investment Park area. Saeed Al Rashidi, Acting CEO of ADNOC Distribution, the UAE’s largest fuel and retail company, said the launch of ADNOC …

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Emirates Steel completes Murabaha deal worth $ 400 million

Media In Abu Dhabi – 16 December 2018  / Emirates Steel Company announced the completion of a $ 400 million murabaha transaction under which it will receive a refinancing loan that will give it more financial flexibility and help streamline its debt structure as well as support existing growth plans. …

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