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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

EDGE picks up a new CEO

Al Dahbashi brings to his new role 17 years of experience in shaping and implementing large-scale transformational programs across major commercial organizations.
  • AL TAIF is part of the Land division within EDGE Group’s Platforms & Systems cluster
  • The firm is the eading UAE in-country provider of lifecycle support for military land platforms and systems through maintenance, repair and overhaul

EDGE, the region’s leading advanced technology group, has appointed Saif Ali Al Dahbashi as the Chief Executive Officer (CEO) of AL TAIF, the leading UAE in-country provider of lifecycle support for military land platforms and systems through maintenance, repair and overhaul, supply chain management, technical training and engineering services.

AL TAIF is part of the Land division within EDGE Group’s Platforms & Systems cluster.

Mansour AlMulla, Managing Director and CEO of EDGE Group, said: “The appointment of Saif as CEO of AL TAIF will see him use his considerable industry experience and leadership skills to successfully steer the business operations of AL TAIF, and to deliver growth in line with its overall vision and objectives. A major pillar of this strategy is the continued support and development of the UAE’s sovereign capabilities as it looks to become a global hub of advanced technologies and defense related services. We wish him every success.”

Previously AL TAIF’s Chief Operating Officer, Al Dahbashi brings to his new role 17 years of experience in shaping and implementing large-scale transformational programs across major commercial organizations, including major UAE based companies such as Strata Manufacturing and Mubadala Investment Company.