Browsing: energy sector

ADNOC Group’s six listed portfolio companies reported a combined revenue of $24.2B (AED 89B) for H1 2024, with net profit surpassing AED 16B and EBITDA at AED28.4B.

The DMCC free zone in Dubai now contributes 15 per cent of the emirate’s Foreign Direct Investment (FDI) and 7 per cent of its Gross Domestic Product (GDP), according to results from the first half of 2024.

DMCC Strong Performance in H1-2024 The Dubai Multi Commodities Centre (DMCC) has reported exceptional growth…

In a significant move, Saudi Aramco has agreed to purchase an additional stake in PetroRabigh…

Presight AI Holding PLC announced its results for the first half of the year ending 30th June 2024, showcasing significant year-on-year growth in both revenue and profitability.

UAE Cybersecurity Council is in the process of formulating three new policies, set to be implemented by the end of 2024, to bolster the nation’s cybersecurity framework, according to Dr. Mohammed Hamad Al-Kuwaiti, the council’s chairman. These initiatives aim to position the UAE as a leading global centre for advanced technology and artificial intelligence (AI). They will address cloud computing and data security, Internet of Things security, and the operations of cybersecurity centres.

Under the auspices of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, the World Green Economy Summit (WGES), initiated a decade ago, has firmly established itself as a pivotal force in advancing sustainable development objectives and the shift towards a green economy.

In a groundbreaking move, ADNOC and e& have announced a strategic partnership to construct the…

United Arab Emirates, Abu Dhabi, May 2024: The Middle East Asset Integrity Management Conference and…

The UAE has reaffirmed its commitment to the Organization of the Petroleum Exporting Countries (OPEC),…