INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

UAE secures 32% of Japan’s crude oil needs in April

Japan’s imports of crude oil from the UAE reached 28.08 million barrels in April 2022. (Representative pic)
  • The Agency for Natural Resources and Energy in Tokyo.reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels
  • Ninety three percent of this originated from seven Arab countries: UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and Algeria

Japan’s imports of crude oil from the UAE reached 28.08 million barrels in April 2022, according to data from the Agency for Natural Resources and Energy in Tokyo.

The agency, part of the Japanese Ministry of Economy, Trade and Industry, reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels.  Ninety three percent of this  (82.2 million barrels), originated from seven Arab countries: UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and Algeria.