- Abu Dhabi National Oil Company (ADNOC) today announced a second discovery of natural gas resources in the first exploration well...
The reservoir was struck in in the first exploration well in Abu Dhabi's Offshore Block 2 Exploration Concession, operated by Eni.
The discovery from a new deeper reservoir indicates between 1 – 1.5 trillion standard cubic feet (TSCF) of raw gas in place.
- ExxonMobil's second quarter profits nearly quadrupled to $17.9 billion in results released Friday that underscored the elevated state of oil...
ExxonMobil's Q2 profits nearly quadrupled to $17.9 billion that underscored the oil and natural gas prices
The US oil giant's revenues in the second quarter rose 68.7 percent to $111.3 billion
- Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of...
Alpha Dhabi reports net profit of US$2.2 billion in H1 2022 ending June 30, up from US$ 453 million in the corresponding period last year
The firm is also starting to see the benefits of its expansion outside the UAE with overseas revenue accounting for US$ 572 million
- Expenses incurred on acquisition of Bungie partly responsible.
Sony Group now predicts net profit for 2022-23 will total 800 billion yen ($6 billion), down from its previous estimate of 830 billion yen.
Sony said lower sales of games by non-house developers will likely dent its overall sales figures this financial year.
- The second quarter profit increased by 134 percent.
The net profit of the second quarter of 2022 increased by 134 percent to AED35.9 million compared to Q2- 2021's level of AED15.3 million.
The Company's total consolidated revenue reached AED163.8 million in H1-2022 compared to AED136.6 million during H1-2021.
- The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he...
Depp wrote on Instagram on Thursday morning that the prints were going on sale online at Castle Fine Art, which runs a network of UK galleries
The art retailer said that Johnny Depp's collection of prints called "Friends & Heroes" was "a testament to those he has known well and others who have inspired him as a person."
- The company's earnings jumped on strong sales of Covid19 products.
In the quarter ending June 30, profits were $9.9 billion, up 78 percent from the year-ago period following a 47 percent jump in revenues to $27.7 billion
US officials last month approved emergency authorization to Pfizer and Moderna for Covid-19 vaccines in under-five-year-olds
- Strategic partnership remains in focus as Mohammed bin Salman leaves France after heading a wide-ranging talks along with French President...
Strategic partnership remains in focus as Mohammed bin Salman left France today after heading a wide-ranging talks along with French President Emmanuel Macron
Earlier, a delegation of senior Saudi ministers held separate talks with their French counterparts at at the Elysée Palace
- UAE and Kenya announced their intention to begin talks for a Comprehensive Economic Partnership Agreement (CEPA) between the two countries...
UAE and Kenya announce their intention to begin talks for a Comprehensive Economic Partnership Agreement
If inked, the CEPA pact will be the first free trade deal between UAE and an African nation





















