INSEAD Day 4 - 728x90

UAE

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.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • ABU DHABI – Abu Dhabi National Oil Company (ADNOC) has sold a 3 percent stake in its logistics and shipping subsidiary, ADNOC Logistics & Services (ADNOC L&S), for approximately AED 1.16 billion ($316 million). The placement of 222 million shares to institutional investors was significantly oversubscribed by seven times within...