Brussels - The European Union on Friday cleared the purchase of German construction firm MAN Ferrostaal by Abu Dhabi-based investment fund IPIC as long as MAN sells its share in a key manufacturer, officials in Brussels announced.
The EU's executive, the European Commission, cleared the purchase as long as MAN sold its share in the company Eurotecnica, which makes machines which produce melamine, a chemical used in the production of paper, and in the wood and automotive industries.
Abu Dhabi, March 2 : An archaeological team has found an ancient stone cylinder seal in UAE (United Arab Emirates) dating back to the beginning of the local Bronze Age, around 5,000 years ago.
According to a report in Gulf News, it is the first of its type found in Arabia and was found in the deserts of the Al Gharbia area (Western Region) of Abu Dhabi.
The discovery was made by a team from GRM International that is currently undertaking the Abu Dhabi Emirate soil survey, which is managed by EAD (Environment Agency - Abu Dhabi).
The seal was lying in an area where samples were being collected.
Abu Dhabi - A cargo ship and its crew have been reported missing off the Abu Dhabi coastline, officials said on Friday.
"We lost contact with the ship two days ago," said Muhair Ali al- Khatri, director general of the Critical National Infrastructure Authority (CNIA).
The unnamed vessel, which was carrying cars and trucks, went missing between Jebel Dhanna and al-Qarnain island, which lies 180 kilometres north-west of Abu Dhabi, the capital city of the United Arab Emirates.
Al-Khatri was quoted by the official WAM news agency as saying that CNIA dispatched six rescue boats and two helicopters to search for the vessel, which had nine people onboard.
Abu Dhabi, UAE - Britain's Andy Murray downed world number one Rafael Nadal of Spain 6-4, 5-7, 6-3 to win the final of the Abu Dhabi exhibition tournament on Saturday.
Abu Dhabi, Dec. 25, 2008 -- The Abu Dhabi National Oil Company, ADNOC, will cut oil production from Upper Zakum and Murban with effect from January 2009, a statement issued by the company has said, attributing the move to a decision taken by the Organisation of Petroleum Exporting Countries (OPEC) to reduce production from January 2009.
"In accordance with OPEC decision to reduce production, we regret to advise you the following cut for your January 2009 allocations, Murban 15% and Upper Zakum 3%," an ADNOC circular to its clients said.
Brussels - The European Union on Friday cleared the purchase of German construction firm MAN Ferrostaal by Abu Dhabi-based investment fund IPIC as long as MAN sells its share in a key manufacturer, officials in Brussels announced.
Abu Dhabi, Dec. 25, 2008 -- The Abu Dhabi National Oil Company, ADNOC, will cut oil production from Upper Zakum and Murban with effect from January 2009, a statement issued by the company has said, attributing the move to a decision taken by the Organisation of Petroleum Exporting Countries (OPEC) to reduce production from January 2009.
