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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.
  • Yalla Group to buy back shares worth $150-million

    The company will use its existing cash balance to buy back shares over the next 12 months It also quashes allegations of manipulating operating or financial data on the Yalla app   Social media platform Yalla’s parent company Yalla Group Limited announced on Friday, May 21, that it would buy...