Corporates

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L&T-HydrogenPro jt venture to make Hydrogen Electrolysers in India

GAIL acquires 26% stake in ONGC Tripura unit from IL&FS

Takaful Emarat turns around; makes AED7m profit

Alpha Dhabi Holding unit buys 12.21% stake in Aldar from Mubadala

Eshraq reports AED80m net loss for FY20

Dana Gas reports AED1.38b loss for FY20

DIC profit plunges 47% to AED348m on fair valuation loss

SCA rejects Salama’s 5.25 fils/share special dividend

IHC reports six-fold increase in net profit to AED3b

Hike in foreign shareholding limit in Etisalat, Du unlikley to have impact soon

Etisalat, Du to use AECB credit reports and scores

Aramex agrees to sell InfoFort to Iron Mountain

Court proceedings against former DSI CEO begin in Amman court

Tabreed and Masdar expand collaboration efforts

V-Guard acquires 19% stake in Mumbai-based Gegadyne Energy Labs for Rs33.5cr

Arabtec mulls selling its prestigious subsidiaries – Target and AES

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