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DSC completes evaluation of clubs, sports companies

Dubai / WAM The Dubai Sports Council announced the completion of the evaluation of Dubai clubs and football companies for the “Dubai Sports Excellence Model Awards” in collaboration with an internationally renowned specialist to ensure transparency. The council had received more than 100 nomination files for the fifth edition of Dubai Sports Excellence Model Awards, which takes into consideration the ...

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Neptune considers merger with its rival Harbour Energy

Bloomberg Neptune Energy Group Ltd, the private equity-backed explorer, is considering options including a merger with Harbour Energy Plc that could create one of Europe’s largest independent oil and gas companies, people familiar with the matter said. Neptune, part-owned by Carlyle Group Inc and CVC Capital Partners, is working with an adviser as it studies a potential combination with London-listed ...

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Sinopec profit surges on Chinese fuel, plastics demand

Bloomberg China Petroleum & Chemical Corp, commonly known as Sinopec, returned to profit in the first half as the nation’s recovery from the pandemic boosted demand for the refiner’s transport fuels and plastics. Asia’s biggest oil refiner posted a net profit of $6.2 billion, compared with a loss of 21.8 billion yuan a year ago, the company said in a ...

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