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October 30, 2024

ADNOC Drilling Records Over $1 Billion Revenue in Third Quarter.

ABU DHABI: ADNOC Drilling Company today announced record financial results for the third quarter and first nine months of 2024. The company’s third-quarter revenue increased significantly to $1.026 billion, rising by 32% year-on-year.

According to Em…

DAE Logs $310.8 Million Net Profit for First Nine Months of 2024.

Dubai: Dubai Aerospace Enterprise (DAE) reported its financial results for the nine months ending on 30th September, 2024, logging US$310.8 million in net profit, a year-on-year (YoY) increase of $110.2 million or 54.9 percent. Meanwhile, profit befor…

EU Imposes Tariffs of Up to 35% on Chinese Electric Vehicles.

Brussels: The European Commission has implemented new tariffs on imports of Chinese battery electric vehicles (BEVs), which took effect on Wednesday following their publication in the Official Journal of the European Union. The decision marks the conc…