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 …

ABU DHABI/WAM ADNOC Logistics and Services today announced its second quarter and first half 2024 financial results. During H1 2024, ADNOC L&S recorded a net profit of $401 million (AED1,473 million), equating to $0.05 (AED0.20) per share, an increase of 31% on H1 2023. The company reported revenues of $1,740 million (AED6,390 million), up 42% from H1 2023. EBITDA rose …