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Borouge posts $769 million net profit in first 9 months of 2025

ABU DHABI / WAM Borouge Plc on Wednesday announced a 52 percent quarter-on-quarter (QoQ) net profit increase to $295 million in Q3 2025, exceeding market expectations and driven by record production, strong sales, and resilient margins following the successful Borouge 3 plant turnaround in Q2. Adjusted EBITDA for Q3 rose to $565 million, representing an industry-leading 39 percent margin, up ...

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Mohammed bin Rashid launches ‘Volunteering and Community Engagement Ecosystem’

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched the “Volunteering and Community Engagement Ecosystem” to reinforce the impact of volunteering and support nonprofit organisations in their various forms, enhancing their contributions to sustainable development. HH Sheikh Mohammed bin Rashid Al Maktoum stated, “From Qasr Al Watan, we launched ...

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O Gold Receives ‘Best Shariah Compliant Gold Investment App’ at Global Takaful & Re-Takaful Awards 2025

DUBAI/GULF TIME O Gold, the pioneering Emirati fractional gold and silver ownership app, has been honored with the award for “Best Shariah Compliant Gold Investment App” at the prestigious Global Takaful & Re-Takaful Awards Ceremony 2025. The accolade was accepted by Ahmed Abdeltawab, CEO of O Gold, at the event, which was held in conjunction with the 7th Global Takaful ...

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