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Etisalat net profit rises 2.1% at Dhs6.7b in 9 months

23 Oct 2019

ABU DHABI: Etisalat Group on Wednesday announced its consolidated financial statement for the nine months ending 30th September, 2019. Consolidated revenues reached to Dhs38.8 billion, while consolidated net profit after...

Total to buy 37% stake in Adani Gas

14 Oct 2019

French energy giant Total SA said on Monday it will buy a 37.4 per cent stake in Indian gas distribution company Adani Gas, as it looks to capitalise on India’s...

Thailand, Philippine firms lead revival in Southeast Asia IPOs

10 Oct 2019

Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focussed on Southeast Asian consumers. Asset World Corp, the...

Clashes at protests in Ecuador over fuel price hike

08 Oct 2019

Protesters clashed with Ecuadoran forces on Monday as they marched toward the capital to demonstrate against soaring fuel prices, with the government announcing three oil facilities had been seized, slashing...

Saudi Aramco restores oil output to pre-attack level

06 Oct 2019

Saudi Aramco has restored full oil production and capacity to the levels they were at before attacks on its facilities on Sept. 14, the chief executive officer of its trading...

SCCI, Korean firm to open new avenues of cooperation

29 Sep 2019

The Sharjah Chamber of Commerce & Industry (SCCI) has recently signed a memorandum of understanding (MoU) with Gyeonggi Business and Science Accelerator, South Korea, with the aim of enhancing means...

Dubai Land Department signs 9 MoUs in Cityscape Global 2019

27 Sep 2019

Dubai Land Department (DLD) continues to showcase its presence through its stand at Cityscape Global 2019, currently being hosted by Dubai. Besides its remarkable activity in welcoming visitors as well...

Saudi Aramco restores oil output earlier than expected

25 Sep 2019

Saudi Arabia has restored its oil production capacity to 11.3 million barrels per day after Sept. 14 attacks on oil facilities, three sources briefed on Saudi Aramco's operations told the...

Saudi Arabia to restore full oil output by next week

23 Sep 2019

Saudi Arabia has restored more than 75 per cent of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source...

Real estate sector’s contribution to Dubai GDP at 13.6% in 2018

17 Sep 2019

Dubai Land Department, DLD, has said that the real estate sector significantly contributed to GDP growth in the Emirate. The improvement in economic growth rates in the Emirate of Dubai...

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