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Saudi Aramco’s Q1 profit soars 24% to $21 billion

Bloomberg Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. The world’s biggest energy firm kept its quarterly payout at $18.75 billion. The money is a vital source of cash for the kingdom. The bumper results follow those last week ...

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UAE extends suspension of entry for travellers from India

Abu Dhabi / WAM The General Authority of Civil Aviation and the National Emergency Crisis and Disasters Management Authority announced the extension of the suspension of entry for travelers from India on all flights on national and foreign carriers, as well as for transit passengers coming from India, with the exception of transit flights traveling to the UAE and bound ...

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Adnoc’s new initiative to drive efficiencies in tendering process

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday, it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This programme supports Adnoc’s ongoing efforts to enhance its approach to procurement and maximise value for Adnoc and its community of suppliers and service providers. The programme standardises the terms and conditions ...

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