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Company News, Business

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

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.

Oman & Emirates Co. Q3 net profit $5.6m

Oman & Emirates Investment Holding Company is based in Muscat. (AFP)
By TRENDS Desk
October 13, 2022 7:32 pm
  • Oman & Emirates Investment Holding Company was established through the Royal Decree in 1993, as an joint venture between Oman and UAE.
  •  O&E is registered as an Omani Joint Stock Company traded in Muscat, Abu Dhabi and Dubai Securities Markets.

Muscat, Oman— Muscat-based Oman & Emirates Investment Holding Company has posted a net profit of 2.16 million Omani Riyals ($5.6 million) for the third quarter of 2022.

The profit for the same period in 2021 was 538,832 OR, the company said in a bourse filing.

Oman & Emirates Investment Holding Company was established through the Royal Decree in 1993, as an joint venture between Governments of the Sultanate of Oman and the United Arab Emirates.

O&E is registered as an Omani Joint Stock Company traded in Muscat, Abu Dhabi and Dubai Securities Markets. It operates within the diversified financials sector focusing on Multi-Sector Holdings.

The Company and its branch in the United Arab Emirates enjoy the treatment extended to the companies which are fully owned by Nationals, Omani or Emirati.

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