Tag Archives | Abu Dhabi

NOC discusses Cooperation and Investment with UAE

National Oil Corporation (NOC) chairman Mustafa Sanalla met with His Excellency Eng. Suhail Mohamed Faraj Al Mazrouei, United Arab Emirates Minister of Energy & Industry; and separately with His Excellency Dr Khaldoon Khalifa Al Mubarak, managing director and group chief executive officer of Mubadala Investment Company (MIC), the strategic investment arm of the UAE government, […]

NOC, UAE discuss Cooperation on Libya

National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla met with His Excellency Dr Sultan Ahmed Al Jaber, United Arab Emirates Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC) in London last week. The two parties discussed mutual cooperation and the international community’s approach to Libya, including the protection of […]

Possible Breakthrough in Libya Talks

By John Lee. Tripoli-based Prime Minister Fayez Al-Serraj and Tobruk-based General Khalifa Haftar have reportedly agreed to hold fresh elections by March 2018. Both parties met in Abu Dhabi to discuss resolution of the stalement between the Eastern and Western governments. According to ANSAmed, the agreement is said to have been achieved on the basis […]

Al Waha Project “Back on Track”

The Al Waha development on the Airport Road in downtown Tripoli is reported to be back on track. Speaking to Gulf News, the Managing Director of Abu Dhabi-based Al Maabar, Yousuf Mohammad Al Nowais, said: “We stopped tendering for the project at Al Waha shortly after the Arab Spring, but it gives me great pleasure that the […]

NOC to Review Ras Lanouf Refinery JV

Libya’s state-run National Oil Corporation (NOC) has agreed to review its joint venture with its UAE partners in the Ras Lanuf [Ras Lanouf] refinery, according to Libya Herald. The announcement followed demonstrations outside NOC’s Tripoli headquarters by refinery workers demanding that the government reject a 20-month extension to the existing agreement with the Libyan Emirati […]

Abu Dhabi fund to take 2 seats on UniCredit board

Abu Dhabi investment vehicle Aabar, UniCredit’s biggest single shareholder, will have two seats in the Italian bank’s new, slimmed-down board, according to a list of board nominees presented on Monday. The new board will have 19 members, down from 23. Aabar, which has a 6.5 percent stake in UniCredit, said its chairman, Kadem Abdulla al-Qubaisi, […]

Etihad’s Tripoli flights to start in January

Etihad Airways announced today that it will begin flying to Tripoli on 17 January. The three return flights a week will be operated by an Airbus A320 with 162 Coral Economy seats. The flights will depart from Abu Dhabi at 8 am. on Tuesdays, Fridays and Sundays with the return service leaving Tripoli at 4.15 […]