Shell profits drop 16% but maintains strong shareholder returns
Shell’s 2024 profit fell 16% to $23.72 billion, missing estimates. Despite weaker oil prices, the company raised dividends by 4% and announced a $3.5 billion...
Tag : energy sector
Modon and ADNOC Gas register AED2.66 billion in ADX trades
The Abu Dhabi Securities Exchange logged 15 large direct deals involving shares of ADNOC Gas and Modon Holding, totaling AED 2.66 billion in transactions across...
Borouge opens offices in Kenya, South Korea
Borouge, a global leader in petrochemical solutions, extends its presence with new offices in Kenya and South Korea....
Egypt targets $5 billion in state IPOs by mid-2024
In an ambitious bid to boost its financial standing, the Egyptian government is poised to secure $5 billion through the initial public offerings (IPOs) of...
India’s burgeoning trade with Latin America nears $50 billion
In a recent address to the diplomatic corps and students in the Dominican Republic, External Affairs Minister S Jaishankar underscored the burgeoning relationship between India...
Japan provides $110 million soft loan to support the energy sector in Jordan
The Jordanian Ministry of Planning and International Cooperation signed a Memorandum of Understanding (MoU) for a 15 billion JPY ($110 million) soft loan provided by...