INSEAD Day 4 - 728x90

stations

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.

  • Jordan’s EMRC grants approvals for EV charging infrastructure

    AMMAN, JORDAN - The Energy and Minerals Regulatory Commission (EMRC) has issued over 300 authorizations for the installation of electrical metering devices dedicated to electric vehicle charging infrastructure, with the current tally of licensed EV charging facilities standing at 63 across the Kingdom.EMRC records indicate a distribution of 49 publicly...

  • Iran and Russia look to expand ties in the energy sector

    Tehran, Iran-- Iran is looking to deepen energy ties with Russia as the latter is keen to explore and develop oil and gas projects in the Islamic Republic. This was stated by Russian Deputy Prime Minister Alexander Novak during talks with Iranian Oil Minister Javad Owji in Tehran. He is...

  • Dubai to see flying taxis launch in three years

    Dubai, UAE-- Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has approved the design of the new air taxi stations in Dubai, which will start operating within three years. “Today, we approved the designs of flying taxi stations in Dubai...

  • DEWA commissions 389 11kV substations in Q3 of 2022

    DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned 389 11kV substations in Dubai in the third quarter of 2022. This is part of its efforts to deliver state-of-the-art infrastructure according to the highest international standards. These stations are mainly located at Wadi Al Safa Fifth, Al Merkad,...

  • High investments in H1 2022 for DEWA transmission substations

    Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the first half of 2022, compared to the same period last year.

  • ENOC to open 10 new eLink stations

    The group has seven eLink stations, five located in Dubai and two in Abu Dhabi.

  • Altaaqa and TotalEnergies to set up EV charging ports in KSA

    Altaaqa of Saudi Arabia and TotalEnergies of France have teamed up to establish charging stations for electric vehicles in the kingdom.

  • ADNOC to pay $342m in dividend

    A similar amount was paid for the first half of 2021 in October.

  • DEWA presses into service 1310 power stations in Dubai

    Dubai Electricity and Water Authority (DEWA) has pressed into service 1,310 new 11 kv power distribution stations across Dubai in 2021.

  • Iran suspects Israel and US behind fuel cyber attack

    An Iranian general has said Israel and the United States were likely to have been behind a cyber attack that interrupted the distribution of fuel at service stations. In July, Iran's transportation ministry said a "cyber disruption" had affected its computer systems and website.

  • Iran petrol network partially restored after cyberattack

    Among 4,300 fuel stations across the country, at present 1,450 are connected to the central fuel distribution system that provides subsidized fuel to motorists. A further 2,350 stations were delivering unsubsidized fuel.