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AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

UAE to build 3 desalination plants to supply Gaza with water

  • The production capacity of each plant is 200,000 gallons per day with a total of 600,000 gallons, benefiting 300,000 people per day.
  • The initiative also provides volunteering opportunities for doctors registered with the Ministry of Health and Prevention and the Department of Health Abu Dhabi

Abu Dhabi, UAE – The UAE is building three desalination plants in Rafah to supply Gaza with water as part of its ‘Gallant Knight 3’ humanitarian operation.

The production capacity of each plant is 200,000 gallons per day with a total of 600,000 gallons, benefiting 300,000 people per day.

‘Gallant Knight 3’ was launched on November 5 under the leadership of the Joint Operations Command at the Ministry of Defence in cooperation and coordination with the Emirates Red Crescent, the Khalifa bin Zayed Al Nahyan Foundation, the Zayed Charitable Humanitarian Foundation, and other UAE institutions to provide humanitarian support to Palestinian people in Gaza.

The initiative also provides volunteering opportunities for doctors registered with the Ministry of Health and Prevention and the Department of Health Abu Dhabi, and for volunteers registered with the Emirates Red Crescent and other humanitarian and charitable entities in the UAE.