ABU DHABI/WAM  Youssef Salem, Chief Financial Officer of ADNOC Drilling, projected the company to achieve net profits between US$1.15 billion and US$1.3 billion by the end of 2024. In a statement to the Emirates News Agency (WAM), he said that the company achieved net profits of about US$570 million during the first half of 2024, while it is expected to …

NEW ALAMEIN CITY/WAM The emirate of Fujairah and the Egyptian government have signed a cooperation agreement in the form of a Memorandum of Understanding (MoU) in the petroleum field. The signing ceremony took place at the government headquarters in the new Alamein city, in the presence of Egypt’s Prime Minister, Dr Mostafa Madbouly, and Karim Badawi, Egyptian Minister of Petroleum …

SHARJAH/WAM  H.H. Sheikh Dr. Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has announced the inauguration of Al Dhaid University on Monday, September 16, 2024. The new institution is being established with the goal of benefiting the central region of Sharjah and equipping job-seekers with the skills necessary to meet professional standards. The institution will consist …