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Adnoc Distribution's UAE network reached 389 retail fuel stations as of 31 March 2020, including ten fuel stations in Dubai. The company also operates in Saudi Arabia. Courtesy Adnoc Distribution

Adnoc Distribution shareholders approve boosting dividends for 2019 and 2020

April 4, 2019
King Abdullah financial district in Riyadh, Saudi Arabia. Fiscal policies will boost the economy this year. Reuters

Saudi Arabia measures help boost non-oil sector growth in 2019

April 3, 2019
Egypt is forecast to be one of the fastest growing economies in the Mena region, with a projected growth rate in 2019 of 5.5 per cent, the strongest expansion since 2008. AFP

Mena 2020 growth to accelerate to 3.4% on reforms, World Bank says

April 1, 2019
Saudi Aramco's 5 million bpd pipeline came under attack from armed drones in May. AP

NPCC's 2018 net profit rises 27% on energy project wins

April 1, 2019
“For this year, we expect 70 per cent of the global economy to experience a slowdown in growth,” Ms Lagarde said. EPA

Global economy at 'delicate moment' amid trade and financial woes, Lagarde says

April 1, 2019
Only a year ago during the same conference, Adnoc announced the formation of its own trading unit to further maximise value from its production. Adnoc is now hiring traders. EPA

Adnoc expands in-country value programme by doubling certifying bodies

April 1, 2019
Crown prince Mohammed bin Salman launches the first Hawk trainer jet assembled locally. Saudi Press Agency

Saudi Crown Prince launches the country's first locally-assembled Hawk jet

April 1, 2019
Adnoc Drilling completed its first offshore integrated drilling services well in Abu Dhabi to boost efficiency. Silvia Razgova / The National

Adnoc Drilling targets business outside the UAE amid local capacity ramp-up

March 31, 2019
Transaction reinforces Sabic's role in the government's efforts to diversify the economy, S&P said. Reuters

Saudi Aramco’s $69bn Sabic stake acquisition to boost oil firm's value, S&P says

March 31, 2019
Oman oil minister Mohammed Al Rumhi and Sri Lanka's prime minister Ranil Wickremesing. Reuters

Oman's oil minister expects oil prices between $65-$75 a barrel

March 30, 2019
Saudi Arabia is the biggest shareholder in the Islamic Development Bank, which has 57 shareholding member states. Bloomberg

S&P affirms Saudi Arabia’s A- rating on growth, strong fiscal position

March 30, 2019
Many UAE consumers complained to the Central Bank about aggressive sales tactics employed by bank sales teams for credit cards.  Reem Mohammed/ The National 

Global e-commerce sales surged to $29 trillion in 2017

March 30, 2019
Rakbank on Wednesday said it has successfully closed a $500m bond sale. Courtesy: Rakbank

Rakbank investor roadshow to help launch potential bond sale

March 25, 2019
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Chancellor, Sebastian Kurz, witness the signing of agreements to strengthen the partnership between Adnoc and Borealis.

Adnoc inks agreements with OMV and Borealis to expand petchems partnerships

March 23, 2019
Etisalat, which competes with Dubai-based du, reported a 2.4 per cent increase in 2018 full year net profit to Dh8.6 billion.  Reuters

Etisalat shareholders approve dividend distribution of 80 fils per share

March 20, 2019