Sunday, June 1, 2025

ADNOC

ADNOC Distribution’s profits reach AED 623 million in the second quarter of 2024

ADNOC Distribution’s Q2 profit exceeds AED 623 million, with cash dividends of AED 1.3 billion distributed to shareholders. ADNOC Distribution witnessed a significant increase in its profits during the second quarter of this year, reflecting strong performance in various sectors...

ADNOC Abu Dhabi to supply natural gas to Japan’s Osaka

Gas shipments from ADNOC will be sent to Osaka, Japan, from the Ruwais LNG project in the Ruwais Industrial City in Al Dhafra, Abu Dhabi. Japan's Osaka Gas announced Tuesday that it has signed the main terms of the deal.for...

ADNOC redeems its redeemable bonds in its distribution sector

ADNOC has settled its redeemable bonds in ADNOC Distribution in cash, strengthening its ownership in the subsidiary and underscoring its commitment to its future. Abu Dhabi National Oil Company announced (ADNOC) to redeem the full value of its unsecured dollar-denominated...

ADNOC is looking to expand in Egypt, Saudi Arabia and the UAE with huge investments

ADNOC Distribution continues its expansion journey in the markets of Egypt, Saudi Arabia and the UAE, supported by an ambitious investment strategy and flexibility in seizing promising acquisition opportunities. The Emirati company ADNOC Distribution plans to significantly expand its network...

Latest News

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...