Production

ABU DHABI, ADNOC Distribution on Monday reported its first-quarter 2021 financial results, recording an underlying EBITDA of AED740 million with a net profit of AED631 million for the quarter, while cash flow generation remained strong with a free cash…

SHARJAH, Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, and Simon Penney, UK Trade Commissioner for the Middle East and Consul-General in Dubai and the Northern Emirates, have discussed ways to expand trade…

SHARJAH, CE-Ventures, the corporate venture capital platform of UAE-based Crescent Enterprises, has announced that it is doubling its venture capital investments in start-ups to reach AED 1 billion (USD 272 million) by 2022. Since its inception in 2017…

ABU DHABI, The National Central Cooling Company PJSC (DFM: Tabreed), headquartered in the UAE, today released its consolidated financial results for the first three months of 2021, reporting a net profit of AED 85.5 million, a YoY growth of 4 percent.D…