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Department of Energy spearheads gas safety, compliance in Abu Dhabi

Department of energy spearheads gas safety, compliance in abu dhabi

ABU DHABI/WAM The Department of Energy – Abu Dhabi (DoE) introduced its regulatory roadmap for the petroleum products sector, with a focus on gas systems in residential, commercial, and industrial establishments, and called on stakeholders to unite in efforts to build safer communities across the emirate. The new regulatory journey was presented to 200 key government and private sector representatives ...

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GCC-listed companies earn $60.7 billion during Q2, reports Kamco Invest

Gcc listed companies earn $60.7 billion during q2, reports kamco invest

ABU DHABI/WAM Aggregate net profits reported by companies listed on GCC exchanges witnessed a healthy year on year (YoY) growth of 5.7 percent during Q2-2024 led by a broad-based growth across most markets in the region. Kamco Investment Company, a regional non-banking financial powerhouse headquartered in Kuwait, in its latest report, stated that the quarter on quarter (QoQ) growth came in at ...

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e& enterprise completes $60m acquisition of GlassHouse, expanding into Türkiye

ABU DHABI/WAM e& enterprise, the digital transformation arm of e&, today announced the successful completion of its US$60 million acquisition of GlassHouse, a leading Türkiye-based provider of managed cloud, business continuity and SAP Infrastructure services. The acquisition, originally announced in June this year, strengthens e& enterprise’s capabilities in private cloud and managed services, bolstering its overall value proposition with the ...

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