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Adnoc, Fertiglobe to sell blue ammonia to Idemitsu

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ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), in partnership with Fertiglobe, has agreed to the sale of blue ammonia to Idemitsu in Japan, for using it in its refining and petrochemicals operations. The sale builds upon recently announced joint efforts to enhance industrial cooperation between the UAE and Japan and support the development of new UAE-Japan ...

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Emaar Malls hits 80% growth in H1 of 2021

DUBAI / WAM Emaar Malls recorded an increase in net profit by 80 per cent to AED 622 million ($ 169 million) during the first six months (January to June) of 2021, compared to a net profit of AED 345 million ($ 4 million), during the same period in 2020. Revenue for H1 2021 amounted to AED 2.048 billion, an ...

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ADFD finances projects worth AED102bn in 97 countries

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ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), since its establishment in 1971, has financed thousands of development projects that significantly impacted millions of lives in 97 developing countries around the world. The projects have contributed to advancing economic growth, improving access to healthcare and education, and building modern infrastructure, including road, railway and water networks as well ...

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