Daily Archives: June 5, 2020

Imports of Abu Dhabi down 24.7 pct in Q1-2020

ABU DHABI, The Import Unit Value Index of Abu Dhabi decreased by 24.7 percent from 138.5 pct in the first quarter of 2019 to 104.3 pct in the comparable period of 2020, according to the Statistics Centre – Abu Dhabi.…

Mubadala to invest AED4.4 bn in Jio Platforms

ABU DHABI, Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”), India’s leading digital services platform, announced today that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest US$1.2 bn  (AED4.4 bn) in Jio Platforms at …

OPEC daily basket price stood at $34.84 a barrel Thursday

VIENNA, The price of OPEC basket of thirteen crudes stood at $34.84 a barrel on Thursday, compared with $35.46 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Saharan …

Dubai State Security arrest notorious international crime boss

DUBAI, In a sting operation, Dubai’s security officials arrested Amir Faten Mekky, a Danish national, on the evening of Wednesday 3 June 2020.

Amir Faten Mekky is the leader of one of the most dangerous international crime rings involved in …

Poor visibility warning

ABU DHABI, The National Center of Meteorology has called on motorists to take all precautions and follow the traffic regulations regarding the chance of fog formations.

In a statement today, NCM warned against deterioration of horizontal visibility over northern coastal …