crude

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.
  • Crude oil prices soared nearly 9% last week, marking the biggest weekly gain since March 2023, following a significant escalation in Middle Eastern conflicts, Euronews reported. Some analysts believe that OPEC+ spare capacity and US production could offset any immediate supply shocks. However, a broader regional conflict in the Middle...