Bloomberg China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed and a rebound in crude prices brought its oil and gas exploration unit closer to breaking even. Net income gained to 42.4 billion yuan ($6.2 billion) in the first six months from 27.9 billion a year earlier, the world’s ...

DUBAI / Emirates Business Rapid digitalisation and disruption are changing the dynamics of the global Islamic economy and creating new challenges and opportunities for the sector, according to industry experts who will share their insights at the Global Islamic Economy Summit (GIES) 2018 in Dubai. The fourth edition of GIES will be held October 30-31 in Dubai under the patronage ...

DUBAI / Emirates Business Amanat Holdings, the GCC’s largest healthcare and education investment company, announced it has acquired a majority stake of 69.3% in the Royal Hospital for Women in Bahrain for AED141.7 million. The acquisition is in line with Amanat’s investment criteria to acquire high quality assets where it can generate long-term sustainable value. It takes Amanat’s total investments ...