Business

ADNOC Distribution posts record $568 million profit as earnings jump 59%, dividend approved

ADNOC Distribution reports record profit of $568 million and approves dividend. Dubai: ADNOC Distribution reported a record net profit of $568 million for the first...

Dana Gas starts supplying Iraq with gas to boost Kirkuk power generation

Khor Mor gas to supply Kirkuk’s Taza power station under initial one-year agreement. Dubai: Dana Gas and Crescent Petroleum have begun supplying natural gas to...

Flying from the UAE today? Latest Emirates, Etihad, Air Arabia and flydubai flight updates

Airlines continue adjusting UAE flight schedules as Gulf tensions and airspace restrictions persist. Dubai: If you are flying from the UAE today, it is advisable...

Wynn Al Marjan Island in Ras Al Khaimah sets opening date as project cost rises to $5.7 billion

Wynn confirms September 2027 opening for Ras Al Khaimah resort as project cost rises to $5.7 billion. Dubai: Wynn Resorts has confirmed that its highly...

Brent rises above $79 as markets assess US-Iran talks and possible Hormuz reopening

Oil prices post cautious gains as markets weigh fragile ceasefire and Hormuz risks. Oil prices edged higher in early Asian trading on Wednesday, August 5,...

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