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NMDC Group’s Subsidiary Acquires Majority Stake in Emdad

Abu Dhabi: NMDC Group announced that NMDC LTS, a wholly owned subsidiary of the Group, completed the acquisition of a 70 percent stake of the share capital and voting rights in Emdad, an integrated service provider specialising in the oil and gas, uti…

Kuwait Crude Oil Rises to $64.93 Per Barrel

Kuwait City: Kuwait crude oil edged 37 cents higher during Tuesday’s trading to reach $64.93 per barrel compared with $64.56 per barrel the day before, Kuwait Petroleum Corporation said Wednesday.

According to Emirates News Agency, Brent futures dro…

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