Category Archives: Production

Fujairah oil product stocks edge up 0.7% on build in heavy residues

FUJAIRAH, Refined product inventories at the Middle Eastern hub of Fujairah edged up 0.7 percent in the week to Monday, led by a nine percent jump in stocks of heavy residues, according to data obtained exclusively by S&P Global Platts …

Etisalat Group reports consolidated net profit of AED8.7 bn

ABU DHABI, Etisalat Group announced Tuesday its consolidated financial statements for the 12 months ending December 31 2019, reporting consolidated net profit of AED8.7 billion.

According to a company press statement, the aggregate subscriber base reached 149 million, representing a …

Abu Dhabi Consumer Price Index decreased 1.8% in January 2020

ABU DHABI, The Statistics Centre – Abu Dhabi, SCAD, reported on Sunday that the Consumer Price Index, CPI, decreased by 1.8 percent in January 2020, compared with the same month in 2019.

According to the latest index report of the …

AED162 million in water infrastructure projects approved

ABU DHABI, Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed …