Skip to main content
Skip to footer
This represents a 34 percent increase compared to the net profit of $145.1 million achieved during the same period last year
Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement
Partnership aims to deliver value and operational efficiencies to ADNOC, G42, Presight, and the UAE
Since its inception, IFAD has facilitated the trading of nearly 6 billion barrels of Murban crude oil
The exchangeable bonds carry a 0.70 percent coupon
Company plans to invest over $13 billion between 2024 and 2029 in growth opportunities
The company also reiterated dedication to 5-year growth strategy, encompassing AI, digitalization, and cutting-edge tech
Belbazem offshore block's production capacity set to increase: 45,000 bpd of crude oil and 27 million mmscfd of gas
The dividend will be paid to all record shareholders as of March 21, 2024, on or around April 3, 2024
The company’s AI integration is driving net-zero emissions and methane reduction goals
The transaction has increased UAE firm’s shareholdings in Borealis and Borouge
The company was also ranked 5th largest investor in the industry in 2023
The company will allocate $250-$300 million annually for CAPEX
A 138 percent YoY increase
Introducing authorized quick service stations for range-extended Rabdan one EVs
Company outlines ambitious growth plans for 2024 and beyond
Global demand for LNG rises in sustainable energy transition
Project involves world's largest power cable-laying vessel, Leonardo da Vinci
Company also aims to inject $48.5 bn back into UAE economy over next 5 years
Targeting first sales in 2028
