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Borouge posts 16.4% revenue growth in H1

  Abu Dhabi / WAM Borouge Plc, a petrochemical company that provides innovative and differentiated polyolefin solutions, announced strong financial results for the first six months of 2022, with a 16.4% increase in revenue to $3,460 million for H1 2022, versus the same period last year, driven by sales volume growth of 8.6% and average price per tonne growth of ...

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Etihad sees record-breaking profit of $296mn in H1 2022

  Abu Dhabi / WAM Etihad Airways on Thursday announced its financial and operating results for the first half of 2022, posting a record-breaking core operating profit of $296 million (H1 2021: $392 million loss). This result was achieved despite fuel costs increasing by almost 60% in comparison to the same period last year. Etihad carried 4.02 million passengers in ...

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Non-essential staff at private sector to work remotely for two days

  DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has called on private sector establishments in areas affected by rains and floods in the UAE, especially in the Emirates of Sharjah, Ras Al Khaimah and Fujairah, to allow their non-essential employees to work remotely on Thursday and Friday. The transportation for essential employees between their workplace and ...

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