Energy Industry

Emirates Soars to New Heights: Posts Record Profits of Dh22.7 Billion for 2024-25

Dubai’s premier airline, Emirates, has set a new benchmark in the aviation industry by announcing record profits of Dh22.7 billion for the financial year 2024-25, ending March 31, 2025....

Kuwait’s Aviation Crisis: CEO Dismissal and Airline Exodus Explained

Kuwait’s aviation industry is in turmoil. On May 6, 2025, Kuwait Airways’ CEO, Ahmad al-Kreebani, was dismissed after...

UAE’s e& Reports Record 129.9% Profit Surge in Q1 2025 Driven by Strategic Expansions and AI Adoption

UAE telecommunications giant e& has kickstarted 2025 with explosive financial results, announcing a 129.9% year-on-year leap in net...

Trump Tower Launches in Dubai: Penthouses Start from Dh70 Million

Dubai’s skyline is set to reach new heights with the official launch of Trump Tower Dubai, an ultra-luxury...

Top 10 Most Reliable Insurance Companies to Watch in 2025

The insurance industry in the Middle East and beyond is undergoing a transformative phase, driven by innovative leadership...

Curiosity Unlocks Breathtaking Oil Prices Despite U.S. Inventory Decline

Brent and WTI Crude Futures Oil prices drop as Brent crude futures fell 43 cents to $86.91 a barrel, while U.S. West Texas Intermediate (WTI)...

ADNOC Drilling Wins $733 Million Contract for AI-Enhanced Offshore Rigs

ADNOC Drilling Company has announced a groundbreaking achievement with a $733 million contract from ADNOC Offshore for the construction of three AI-enhanced island drilling...

Exciting Opportunity: Dubai Police Tesla Cybertruck at Dubai Hills Mall

Snap a Selfie with the Iconic Dubai Police Tesla Cybertruck this Weekend Don't miss out on the exciting opportunity to see the Cybertruck up close...

Mysterious merger? Abu Dhabi’s TAQA is in Talks to Acquire Spain’s Energy Company, Naturgy

Abu Dhabi's TAQA, formally known as the Abu Dhabi National Energy Company, has recently initiated discussions concerning a potential acquisition of Naturgy, a leading...

The automobile industry of Qatar recorded over 7,000 New Vehicle Registrations

In recent times, the automobile industry of Qatar has witnessed a notable surge in new vehicle registrations, signaling a buoyant economy and a burgeoning...

What is the biggest surprise in series production? Volkswagen’s partnership with Mobileye

In a strategic move to revolutionize the automotive industry, the Volkswagen Group has intensified its collaboration with Mobileye, a global leader in advanced driver...
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