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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

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Net income rose to $36.4 million, a 17% YoY increase.

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Masdar issues $1bn bond

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MoU signed to establish Arab Digital Foodstuff Market

The deal is a part of the pan-Arab efforts to execute joint Arab digital economy vision. (WAM)
  • Ahmed Abu Al Gheit, Secretary General of the League of Arab States; and Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade were present during the signing.
  • Members of the Executive Office of the Specialised Arab Federations Forum (SAFF) were also present during the meeting.

Abu Dhabi, UAE – As part of the pan-Arab efforts to implement the joint Arab digital economy vision, launched by UAE President Mohamed bin Zayed Al Nahyan, an MoU was signed to establish an Arab Digital Foodstuff Market.

Ahmed Abu Al Gheit, Secretary General of the League of Arab States and Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, were present during the signing.

Sheikh Saif and the Arab League Chief witnessed part of the 54th meeting of the Higher Coordination Committee for Joint Arab Action.

Members of the Executive Office of the Specialised Arab Federations Forum (SAFF) were also present during the meeting.

They also witnessed the signing of another MoU by the Arab Federation for Digital Economy and the Arab ICT Organization (AICTO) in support of the Arab ICT sector.