Approval would save time, money on Asian routes; Q2 net profit $100m versus loss of $81m a year ago; Revenue up sharply, but still below Q2 in 2019
- sandhya@khaleejtimes.com
Approval would save time, money on Asian routes; Q2 net profit $100m versus loss of $81m a year ago; Revenue up sharply, but still below Q2 in 2019
The transaction includes solar power projects in Turkey’s Karapanar and Gaziantep regions and a wind power project in Ankara
The five-year contract was awarded by Adnoc Offshore to Adnoc Logistics and Services (Adnoc L&S) and underpins the world-class capabilities within Adnoc’s group companies
Offering could be part of govt announcement to list 10 entities on local stock market
Gains up by 33% during period as energy demand increases in emirate
The companies are Abu Qir Fertizilers and Chemical Industries, Misr Fertilizers Production Company , Alexandria Container and Cargo Handling, and payments firm E-Finance for Financial and Digital Investments
Abu Dhabi conglomerate is aiming for publicly-listed companies in growth markets
Transneft restarts oil flows via Druzhba; US crude inventories up more than 5 million barrels per day; US inflation data softer than expected, but Fed hike expected