Union Energy completes two major trades
The Dubai Financial Market witnessed the execution of two major transactions involving Union Energy Holding, totaling a value of 47.6 million dirhams. These transactions involved 15.6 million shares at a price of 3.05 dirhams per share, representing 0.5% of the company's capital. The company achieved profits of 30.68 million dirhams in the first half of 2026, marking a 277% increase compared to the same period in 2025. Additionally, its revenues rose by 48%, reaching 204.43 million dirhams. This performance clearly demonstrates a significant improvement in the company's profits and revenues during the first half of the year.
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