INSEAD Day 4 - 728x90

oil refinery

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.
  • New York, United States - Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, plans to invest more than $1 billion a year in Brazil in a range of holdings from an oil refinery to a toll road.  The firm’s second fund in the country, Brazil Special Opportunities...
  • Libya fighting damages only working oil refinery

    Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the transformer of the power supply system was also knocked out.
  • Libya kicks off construction of oil refinery near an oilfield

    Announced in the early 1980s, the project for a refinery in southern Libya had been put on hold for years before being revived in 2017. Libya, which has the most abundant oil reserves in Africa, has been trying to emerge from a decade of chaos since the fall of Moamer...