Abu Dhabi / GULF TIME Fertiglobe, the strategic partnership between Adnoc and OCI, the world’s largest seaborne exporter of urea and ammonia combined, the largest nitrogen fertiliser producer in the Middle East and North Africa (Mena) region, and an early mover in clean ammonia, on Thursday reported that its Q3 2022 revenues increased 52% year-on-year to $1.32 billion, while adjusted ...

Abu Dhabi / WAM AD Ports Group on Thursday announced that it had signed an agreement to acquire an 80% equity stake in Dubai-based Global Feeder Shipping (GFS), a global container shipping company. The total purchase consideration for the 80% stake amounts to AED2.9 billion ($800 million), implying a 100% Enterprise Value of AED3.7 billion ($1.0 billion), with the acquisition ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Supreme Council Members, Their Highnesses Rulers of the Emirates, along with their grandsons, on Thursday raised the UAE flag nationwide on the occasion of the ‘’UAE Flag Day” marked annually on November 3. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...