Monday, 9 Nov 2026 Latest

ADES ONGC contracts: SAR439.6m award for two India rigs· UAE non-oil trade nears AED3tn in nine months, up 10.1%· GCC railway agreement signed in Manama for 2,100km network· Abu Dhabi property transactions jump 76% to AED171bn· Qatar Stock Exchange index tops 10,000 on 10% weekly gain· Dana Gas Q3 profit up 50%, nine-month earnings hit AED558m· IHC nine-month profit up 87% as revenue tops AED100bn· Emirates Group half-year profit falls 66% to AED3.6bn· Aramco Q3 profit jumps 34% to $36.25bn despite attacks· ADES ONGC contracts: SAR439.6m award for two India rigs· UAE non-oil trade nears AED3tn in nine months, up 10.1%· GCC railway agreement signed in Manama for 2,100km network· Abu Dhabi property transactions jump 76% to AED171bn· Qatar Stock Exchange index tops 10,000 on 10% weekly gain· Dana Gas Q3 profit up 50%, nine-month earnings hit AED558m· IHC nine-month profit up 87% as revenue tops AED100bn· Emirates Group half-year profit falls 66% to AED3.6bn· Aramco Q3 profit jumps 34% to $36.25bn despite attacks·

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Mohamed Farouk

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Offshore jack-up drilling rig at sea, illustrating the ADES ONGC contracts for two rigs offshore India

Energy & Utilities

ADES ONGC contracts: SAR439.6m award for two India rigs

ADES ONGC contracts worth SAR439.6m ($117.2m) cover two jack-up rigs offshore India for three years each, with work due to start by end-March 2027.

9 November 2026