INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

UAE meets 42% of Japan’s crude oil needs in July

The UAE secured 42 percent of Japan's crude oil needs in July. AFP/File
  • Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries
  • Saudi Arabia contributed 28.47 million barrels, which is 35.1 percent of the Japanese crude needs

The UAE secured 42 percent of Japan’s crude oil needs in July, which is equal to 33.99 million barrels, according to the Agency for Natural Resources and Energy in Tokyo.

The agency, part of the Japanese Ministry of Economy, Trade and Industry, stated that Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries.

Saudi Arabia came second, meeting 35.1 percent of the Japanese crude needs, or 28.47 million barrels.