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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.

DAE net profit up 36.2%

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

Continued donor support to Jordan critical for reform: IMF

Jordan's King Abdullah.
    • The IMF top official praised the kingdom for its vision to have job-rich inclusive growth, preserve macroeconomic stability, and protect the poor

    • She said continued donor support was critical to Jordan’s reform effort and to take care of the 1.3 million Syrian refugees

    In a meeting with King Abdullah of Jordan, Managing Director of the International Monetary Fund reiterated her belief that continued donor support was critical to Jordan’s reform efforts as well as to shoulder the disproportionate burden in hosting 1.3 million Syrian refugees.

    Ms. Kristalina Georgieva had called on the King in Washington, who is on a visit to the US where he met with the US President Joe Biden.

    In a statement issued by Ms. Georgieva, she praised the kingdom for aspiring to job-rich inclusive growth.  “I greatly appreciated the opportunity to meet today in Washington with King Abdullah II of Jordan. We discussed global and regional developments and the efforts of the Kingdom to achieve job-rich inclusive growth, preserve macroeconomic stability, and protect the poor, especially during the COVID-19 crisis

    The statement went on to say, “I also congratulated Jordan for its successful and inclusive national vaccination program that also covers refugees. Continued donor support remains crucial to help Jordan’s reform efforts as well as to shoulder the disproportionate burden in hosting 1.3 million Syrian refugees.”