The Strait of Hormuz has been shut down, and the CEO of ADNOC is calling for its reopening without conditions. This development has significant implications for the region's oil supply.
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...
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 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 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...
Emerson officials explain that advanced automation and AI are reducing outage times and improving safety in the UAE’s energy industry. They stress that while digital tools aid resilience, physical redundancy still protects capacity.
Riyan Malhan became the first Emirati to capture a Youth Olympic gold medal in badminton, beating France’s Mady Sow in the final. The triumph follows his earlier Asian junior titles and highlights UAE’s rising badminton program.
King Mohammed VI chaired a meeting in Rabat to reinforce Morocco’s territorial integrity and the well‑being of residents in the south. He directed ministries to act on security, development and international commitments after the UN mission concluded.
King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.
DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.
