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ADNOC Gas Signs $400 Million LNG Deal with SEFE
ADNOC Gas has finalised a supply agreement worth 1.5 billion dirhams with Germany’s SEFE Securing Energy for Europe, signalling a significant push to reinforce the energy partnership between the UAE and European markets. The three-year contract will see ADNOC Gas deliver 0.7 million tonnes of liquefied natural gas, with
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L&T Secures Mega NGL Plant Deal in Middle East
Larsen & Toubro’s hydrocarbon onshore unit, in partnership with Greek firm Consolidated Contractors Group, has booked an ultra-mega contract valued at over ₹150 billion to build a natural gas liquids plant and associated processing facilities in the Middle
StanChart gains Saudi fund mandate
Standard Chartered Capital Saudi Arabia has secured regulatory clearance to manage investments and operate funds in the kingdom, giving the London-listed banking group a wider platform in one of the Gulf’s fastest-expanding capital markets. The approval from the Capital Market Authority
Emaar Q2 profit rises despite regional tensions
Dubai-listed Emaar Properties posted a 9 per cent increase in second-quarter net profit attributable to shareholders, reaching AED 3.67 billion, as property demand and recurring income businesses helped the developer withstand geopolitical disruption across the region. The April-June performance extends a
