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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.

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

Saudi Arabia okays six tourism projects worth $400 million

The kingdom is an under-discovered destination with a rich cultural tradition and a great deal to offer.
  • Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs
  • The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality

Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.

Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs, in cooperation with the Small and Medium Enterprises Loan Guarantee Program.

The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality.