Aarti Nagraj

The shipment has reportedly been approved by Iranian authorities

Higher prices and bigger volumes of both crude as well as refined and chemical products helped boost revenue

Revenue grew by nearly 5 per cent annually to more than $1.2 billion

Transaction boosts investment company's stake in the developer to nearly 30 per cent

Company says effect of Hormuz closure to affect second-quarter net income

The US has little leverage to force China to accept its demands

Company on track to hit target of adding up to 70 new service stations this year

The $1.7bn entertainment venue will host concerts, combat sports and immersive events

Mohamed Khalifa Al Mubarak says hotels in the emirate maintained 56 per cent occupancy even during the conflict

Country has made a series of major infrastructure announcements since Iran war broke out