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Johannesburg

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.

  • Israeli carrier cancels South Africa flights citing less traffic

    Jerusalem, Undefined - Israeli flag carrier El Al said Friday it will scrap direct flights to South Africa following "a significant fall in demand by Israeli travelers" to the country and other destinations."From the end of March 2024, El Al will suspend its operations on the Johannesburg-Tel Aviv route," an El...

  • Algerian, South African ministers discuss ways to boost economic cooperation

    JOHANNESBURG, SOUTH AFRICA - Algerian Minister of Finance Laaziz Faid discussed with South African Finance Minister Enoch Godongwan, ways to enhance economic cooperation between the two countries.During the meeting on Thursday, the two ministers discussed the available opportunities to enhance trade exchange and joint investment, with the aim of achieving...

  • Iran’s BRICS membership to strengthen group, says XI

    TEHRAN/ JOHANNESBURG, IRAN/ SOUTH AFRICA - The Iranian and Chinese presidents stressed the need to bolster bilateral cooperation and the trend of multilateralism especially within the framework of BRICS.Iranian President Ebrahim Raisi held talks with his Chinese counterpart Xi Jinping on the sidelines of the BRICS+ Summit on Thursday to discuss...

  • UAE, KSA optimistic as BRICS leaders weigh expansion

    South Africa has revealed potential BRICS expansion plans at the Johannesburg summit, with keen interest shown by Middle Eastern nations, notably UAE and Saudi Arabia.

  • Indonesia president to participate in BRICS summit in South Africa

    Jakarta, Indonesia--Indonesian President Joko Widodo departed for South Africa on Sunday to attend the BRICS summit in Johannesburg amid speculation that the country could join the group as its latest member.The meeting, which brings together major emerging economies countries led by Brazil, Russia, India, China, and South Africa, will be held...

  • Dubai International Chamber opens new office in Johannesburg

    Dubai,  UAE - Dubai International Chamber, one of the three chambers operating under Dubai Chambers on Wednesday marked the official inauguration of its latest international office in Johannesburg, South Africa.The new office further strengthens the UAE’s growing trade links with Africa and will seek to boost the level of bilateral...