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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

ENOC of UAE to market lubricants for Egypt in a three-year deal

By TRENDS Desk
November 22, 2021 4:51 pm
  • ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market
  • ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines

United Arab Emirates’ National Oil Company (ENOC) has entered into an agreement with Royal Marine Services in Egypt to distribute its lubricants.

ENOC supplies lubricants that are used in a wide range of marine vessels, including heavy duty diesel engines.

ENOC Misr, a joint venture between Proserv Egypt Group and ENOC, will be handling the local marine market, while Royal Marine services will manage the International marine market for ENOC Group, the Dubai-government owned oil company, said.

Its products have presence in various markets in Asia, Europe and Africa.

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