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Emirates Group posts $5.1bn profit
The group's profits for 2022-24 have surpassed pandemic losses of $7bn in 2020-2214 May 2024, 08:00Source: UAE MEED
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Wood rejects takeover offer from Sidara
The UK-based energy engineering consultancy said the offer, which valued it at £1.4bn ($1.75bn), “fundamentally undervalued Wood and its future prospects”13 May 2024, 08:00Source: UAE MEED
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Electric vehicles have a long way to go
The end of an era that resists EVs due to their threat to fossil fuel demand is imminent13 May 2024, 08:00Source: UAE MEED
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SNOC acquires stake in Ras Al Khaimah block from Eni
Following the completion of the transaction, Eni will continue to remain operator of Block 7, with a 60% stake13 May 2024, 08:00Source: UAE MEED
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Abu Dhabi sets fresh battery storage PQ deadline
The facilities will be able to store and discharge 400MW of power for not less than one hour09 May 2024, 08:00Source: UAE MEED
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Ras al Khaimah signs air taxi agreement
The agreement aims to introduce air taxis to the emirate by 202709 May 2024, 08:00Source: UAE MEED
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Adnoc secures third Ruwais LNG project supply deal
Firm to supply 600,000 metric tonnes a year of liquefied natural gas to EnBW for 15 years09 May 2024, 08:00Source: UAE MEED
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Azizi appoints UK firm for Dubai South opera house
UK-based engineering firm Arup will be involved in the spatial planning of Azizi’s opera house in Dubai South07 May 2024, 08:50Source: UAE MEED
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NMDC Energy wins $653m Adnoc project
The engineering, procurement and construction works on the project are expected to be completed in 30 months07 May 2024, 08:50Source: UAE MEED
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Sharjah announces new gas reserves
Sharjah Petroleum Council has yet to specify the volume of the gas discovery at Al Hadiba field, but said that state energy firm SNOC will test the well in the coming days07 May 2024, 08:50Source: UAE MEED