Sharjah / WAM Dana Gas, the Middle East’s largest regional private sector natural gas company, announced its preliminary unaudited financial results for the full year ended December 31, 2021. The company achieved a net profit of AED1.16 billion in 2021. The increase was primarily due to higher oil prices, improved operational performance, and income. Revenue increased 30% to AED1.65 ...

  DUBAI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) and Spain’s Ministry of Industry, Trade and Tourism (MITT) signed a memorandum of understanding (MoU) to boost cooperation in the field of industry and advanced technology across multiple sectors. The MoU aims to establish a framework that will facilitate and enhance the UAE and Spain’s industrial cooperation. ...

  ABU DHABI / WAM Agthia Group announced preliminary and unaudited results for the fiscal year ending December 31, 2021. The group posted AED216 million in net profit and net revenues of over AED3 billion. Agthia grew its revenues by 49 percent year-on-year following strong growth in the protein and snacking segments through acquisitions that have since been consolidated under ...