Abu dhabi: NMDC Group today announced a strong set of financial results for the first nine months of 2025, with revenues climbing 11 percent Y-o-Y to AED20.5 billion and net profit rising 26 percent Y-o-Y to AED2.8 billion; fueled by consistent project executions across key markets and margins expansion, with net profit margin reaching 13.5 … Read more
Al dhafra: Liwa Sports Club successfully concluded the first Arabian Horse Race in Al Dhafra’s Madinat Zayed, held amid an atmosphere of excitement and strong competition that brought together elite horse owners and riders. According to Emirates News Agency, the race featured two main rounds. In the first round, spanning 1,700 metres, the horse ‘Safeer’, … Read more
Abu dhabi: Abu Dhabi National Energy Company PJSC (TAQA) announced today the divestment of its 100 percent stake in TAQA Neyveli Power Company Private Limited (TAQA Neyveli) to MEIL Energy Private Limited, associated with Megha Engineering and Infrastructures Limited (MEIL). The sale of the 250 MW lignite-fired power plant in Tamil Nadu, India, was finalized … Read more
Kuwait city: The price of Kuwaiti crude oil fell by 55 cents, reaching US$65.66 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday. This marks a decrease from the previous price of US$66.21 per barrel recorded on Tuesday. According to Emirates News Agency, global oil prices showed a different trend, … Read more
Nassau: Hurricane Melissa has reached the Bahamas, bringing destructive winds, torrential rain, and a dangerous storm surge to the islands south-east of the US state of Florida, according to the US National Hurricane Centre (NHC). According to Emirates News Agency, the devastating storm had earlier swept over Jamaica and Cuba. With sustained winds of up … Read more
Kuwait city: The price of Kuwaiti crude oil fell by 55 cents, reaching US$65.66 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation (KPC) on Thursday. This marks a decrease from the previous price of US$66.21 per barrel recorded on Tuesday. According to Emirates News Agency, global oil prices showed a different trend, … Read more
Nassau: Hurricane Melissa has reached the Bahamas, bringing destructive winds, torrential rain, and a dangerous storm surge to the islands south-east of the US state of Florida, according to the US National Hurricane Centre (NHC). According to Emirates News Agency, the devastating storm had earlier swept over Jamaica and Cuba. With sustained winds of up … Read more
Dubai: Dubai Financial Market (DFM) today announced its consolidated financial results for the nine months ending 30 September 2025, reporting a net profit before tax of AED 930.8 million, an increase of 212% compared to the same period in 2024. Total…