Abu Dhabi and ConocoPhillips plan to award Dh36.8 billion ($10.02 billion) of contracts in the first half of 2010 to develop their Shah gas project, Emirati newspaper al-Ittihad reported on Monday. State-run Abu Dhabi National Oil Company (Adnoc) said in February it expected to see first production from the joint-venture by late 2013 or early […]

Greece asks Abu Dhabi for investment

The Greek government has agreed to establish a bilateral working group between Athens and Abu Dhabi, the Greek Ministry of Economy, Competitiveness and Shipping announced on Sunday. The first meeting of the group will take place in Athens in the following weeks. The two sides will explore the possibilities of economic cooperation and the possible […]

Egypt will sign a deal this week with Abu Dhabi’s Masdar to build a 200 megawatt wind farm, as part of a plan to generate 20 percent of the country’s energy needs from renewable sources by 2020, an official said on Wednesday. Egypt, an oil and gas producer, has been developing wind power along its […]

Abu Dhabi has overtaken New York and Paris to become the second most expensive city in the world for business travelers, according to a report. Dubai, meanwhile, dropped out of the top 10 to 16th as a raft of new hotels opened in the emirate, bringing rates down.

Qatar is on track to open its new $14 billion international airport in 2011 as the world’s largest gas exporter looks to diversify government revenues and stimulate employment, an official said on Sunday. Speaking at an aviation conference in Doha, Qatar, the chairman of the country’s civil aviation authority said the new airport would have […]