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DEWA expects stronger revenue and profit in the second half of the year due to seasonal business patterns
Higher U.S. tariffs against a wide range of trade partners took effect on Thursday, fueling concerns over weaker global economic activity
Net profit rose by 12.2 percent YoY, reaching $358 million during this period
ADNOC also retained its position as the fifth strongest brand amongst oil & gas brands
U.S. crude stockpiles declined by 3 million barrels to 423.7 million in the week ending August 1
The board of directors approved an interim dividend of $1.792 billion, up 5 percent YoY
OPEC+ agreed to boost oil production by 547,000 barrels per day for September, ending cuts
Adjusted net income reached $24.5 billion in the second quarter of 2025 and $50.9 billion in the first half of 2025
OPEC+ agreed to increase oil production by 547,000 barrels per day for September
The project is the first commercial application of hydrogen use as fuel in industrial boiler in Egypt and the MENA region
Four new substations and 228km of cables will enhance Dubai's electricity transmission network efficiently
Contract strengthens ADNOC Gas’s partnership with key Indian players as it continues to support India’s energy security
OPEC+ aims to regain market share with significant production increases amid slowing U.S. economy
The second phase, launching on August 2, 2025, will provide 800 megawatts of electric power over the course of one year
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1
Qatar has proactively addressed water challenges by launching a range of sustainable initiatives focused on desalination and smart water management
The Borouge 3 turnaround was successfully executed during the quarter and delivered eight days ahead of schedule
UAE’s fuel pricing reflects international crude oil prices and ensures economic stability nationwide
U.S. crude oil inventories unexpectedly rose by 7.7 million barrels in the week ending July 25, reaching 426.7 million barrels
In 2025, ADNOC Drilling secured approximately $4.8 billion in new contracts — its strongest-ever backlog addition
In Q2 2025, NMDC Group maintained its growth trajectory, reporting AED 7.1 billion in revenue, a 5 percent increase compared to Q2 2024
Trump plans secondary tariffs of 100 percent unless Russia resolves its conflict within 10 days
The U.S.-EU agreement imposed a 15 percent tariff, averting a major trade war impact
The U.S.-EU deal, announced on Sunday, establishes a 15 percent import tariff on most European goods
