BusinessLatest Business and Company Updates
Emirates Driving net profit up 20%
Emirates Driving Company PJSC (EDC), a publicly-listed company on the Abu Dhabi Securities Exchange (ADX), announced a 20.39% increase in its net profits to reach AED 126.76 million in 2020, compared to AED 105.29 million recorded in 2019 despite COVID-19 pandemic that affected by businesses and economies across the world.The
Region
OPEC, non-OPEC to meet on same day as group’s May gathering: sources | Reuters
LONDON OPEC plans to meet with non-OPEC oil producers on the same day as its scheduled May 25 conference, sources familiar with the arrangements said, as they decide whether to extend supply cuts into the second half of the year.Ministers
Sana Khater Appointed CEO of Investcorp Capital
Investcorp Capital, a leading alternative investment firm, has appointed Sana Khater as its new Chief Executive Officer, effective September 1. Khater’s appointment marks a significant leadership change for the Abu Dhabi-listed firm, as she succeeds Mohamed Aamer, who led the
Titans of oil world meet in Houston after two-year price war
By Ernest Scheyder | HOUSTON HOUSTON The biggest names in the oil world come together this week for the largest industry
