DUBAI / WAM flydubai announced its half-year (H1) results for the 2017 financial year and reported total revenue of AED2.5 billion ($689 million) an increase of 9.9 percent compared to the same period last year and a loss of AED142.5 million ($38.8 million). Passenger numbers increased to 5.4 million; an increase of 10.5 percent compared to H1, 2016. The number ...

Abu Dhabi / Emirates Business Organisers of the annual Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), hosted by ADNOC, have confirmed the event’s technical conference, already the world’s largest for oil and gas professionals, will see a significant increase in scope for 2017 to include the downstream industry for the first time, as well as more sessions for specialised ...

DUBAI / WAM ENOC Group announced that it has awarded the final contract of three packages that comprise its $1 billion refinery expansion programme to Overseas-AST. The Engineering, Procurement and Construction (EPC) contract includes the construction of various interconnecting pipelines between the refinery’s processing units, the storage tanks and the berth facilities within Jebel Ali Free Zone (JAFZA). The pipelines ...