Day: July 29, 2022

DUBAI, The Dubai Financial Market (DFM) has announced its consolidated financial results for the first half of the year ended 30th June 2022, posting a 63% increase in its net profit to AED63.4 million compared to AED38.8 million during the correspondi…

ABU DHABI, Alpha Dhabi Holding has announced its financial results for the half-year ended 30th June. The company reported net profit of AED7.9 billion, up significantly from the corresponding period last year of AED1.7 billion.Revenues for the Group s…

DUBAI, Commercial Bank International (CBI) has announced its second quarter 2022 financial results, with net profit increasing by 67% from AED20.6 million in Q1 2022 to AED34.4 million in Q2 2022.The operating profit increased by 82% from AED40.3 milli…

ABU DHABI, Abu Dhabi National Oil Company (ADNOC) today announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni. The discovery from a new deeper reservo…

VIENNA, The price of OPEC basket of thirteen crudes stood at $110.84 a barrel on Thursday, compared with $108.11 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan…

SHARJAH, As part of its strategic vision to support the e-gaming industry, Sharjah Media City (Shams) has partnered with the region’s leading venture capital firm Shorooq Partners to empower their first Gametech programme for founders.The programme was…