US Apache to invest $1bln annually in Egypt – Petroleum Ministry

August 25, 2018     /

US Apache to invest $1bln annually in Egypt – Petroleum Ministry Apache would start working in the new site “Sharq…

ADIB shareholders approve $272mln rights issue

August 25, 2018     /

ADIB shareholders approve $272mln rights issue Bank will also issue a 2.75 billion UAE dirham sukuk, with existing Islamic bond…

NMC Health stock jumps as earnings rise and group looks to Saudi Arabia

August 25, 2018     /

NMC Health stock jumps as earnings rise and group looks to Saudi Arabia NMC Health reported a 20.2% increase in…

Saudi Sabic, US firm partner to develop breakthrough products

August 25, 2018     /

Saudi Sabic, US firm partner to develop breakthrough products Saudi Arabia’s Sabic has partnered with US-based innovation and product design…

Sunday Outlook: Turkish lira drops again on Friday, U.S.-China trade talks limit global market losses

August 25, 2018     /

Sunday Outlook: Turkish lira drops again on Friday, U.S.-China trade talks limit global market losses Another steep drop in the…

Integrated stock most active with price leap on Wednesday

July 29, 2018     /

Integrated stock most active with price leap on Wednesday About 4.8 million shares of Integrated were exchanged Read more about…

Oil prices rise Wednesday on lower US crude inventories

July 29, 2018     /

Oil prices rise Wednesday on lower US crude inventories Global benchmark Brent crude futures rose to $74.01 per barrel Read…

UAE-based Borouge awards EPC contract to Italy’s Tecnimont

July 29, 2018     /

UAE-based Borouge awards EPC contract to Italy’s Tecnimont New plant is planned to be integrated with Borouge 3 complex Read…

Sipchem profit skyrockets in Q2, H1

July 29, 2018     /

Sipchem profit skyrockets in Q2, H1 Sipchem logged a net profit of $56.3mln during the period between April and June…

SABB reports profit for the six months period ended June 30, 2018

July 29, 2018     /

SABB reports profit for the six months period ended June 30, 2018 The Bank remains well capitalised and highly liquid…