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Dana Gas, Parkin, Union Coop report 3Q earnings
Parkin’s income was supported by higher daily tariffs and record seasonal card sales
THIS MORNING: Adnoc’s trading unit plans to boost volumes by two-thirds + Human Resources Ministry tightens regs on business centers, introduces penalties
Plus: Dubai is now the most accommodating destination for the world’s elite, according to Savills
Eshraq and Agthia both take cases to court
Plus: Maxus Coral acquires electronics retail chain E-city
Infinity Power, Hassan Allam Utilities ink agreements for solar projects in Egypt
Located in Minya and Aswan, the two projects will add 1.2 GW of solar power capacity and 720 MWh of…
Adipec wraps after USD 46 bn in agreements, with T’aziz securing offtakers for petrochems products
T’aziz will supply more than 350k tonnes of EDC and VCM a year to India’s Sanmar Group
THIS MORNING: IHC is not looking to sell a stake in Aldar + Adnoc eyes expansion abroad through Adnoc Distribution, AIQ
Plus: Islamic banks’ revenues to get a boost from recently launched retail T-sukuk initiative
Emaar plans another big-ticket investment in Egypt
Plus: Space42 makes Thuraya 4 satellite globally available
Arcius takes over Egypt’s Harmattan gas field
The company will take over all obligations and development rights for the field.
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