British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand. Despite missing analyst expectations, the company raised its shareholder dividend...
Tag : energy sector
MENA Newswire News Desk: The Abu Dhabi Securities Exchange (ADX) executed 15 large direct transactions today, involving shares from ADNOC Gas Plc and Modon Holding PSC. The total value of these deals reached AED2.66 billion,...
Leading petrochemical company, Borouge, known for its innovative polyolefin solutions, has announced the opening of new offices in Kenya and South Korea. This strategic move aims to expand the company's market presence in high-growth regions....
In an ambitious bid to boost its financial standing, the Egyptian government is poised to secure $5 billion through the initial public offerings (IPOs) of state-owned enterprises and power plants. The initiative, set to run...
In a recent address to the diplomatic corps and students in the Dominican Republic, External Affairs Minister S Jaishankar underscored the burgeoning relationship between India and Latin America. He stated that the once-distant region is...
The Jordanian Ministry of Planning and International Cooperation signed a Memorandum of Understanding (MoU) for a 15 billion JPY ($110 million) soft loan provided by the Japanese government to support the general budget of Jordan....