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Adnoc Gas awards $8.2bn in contracts to spur growth as earnings beat estimate

Adnoc Gas 's second-quarter net profit beat estimates as it restored processing capacity at its Habshan Complex to 85 per cent ahead of schedule and invested $8.2 billion investment to spur future growth. Total comprehensive income for three months to the end of June reached $664.65 million, ahead of the company's $400 million to $600 million guided range, “despite exceptional external disruption…

Adnoc Gas awards $8.2bn in contracts to spur growth as earnings beat estimate

We haven't written up this one. The National UAE has the full story — the link below goes straight to it.

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Kalonzo backs EAC common currency as he outlines record ahead of 2027

Wiper Patriotic Front leader Kalonzo Musyoka has renewed his support for deeper East African integration, saying the region still has to complete the journey towards political federation and a common…

  • Kalonzo Musyoka supports EAC common currency and political federation
  • Former Vice President revived EAC after its 1977 collapse
  • EAC aims for single regional currency by 2031

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