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ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • SCT, Omantel ink pact for satellite services

    Omantel will utilize satellite services to expand and enhance its mobile network backhauling The agreement will help Omantel gain satellite bandwidth to complement its terrestrial range coverage Space Communication Technologies Company (SCT) and Oman Telecommunication Company (Omantel) have signed an agreement on Tuesday to provide Satellite Communication to the different...