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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.

Abu Dhabi to be out of bounds for unvaxxed

  • The unvaccinated are effectively barred from entering any business in the UAE capital except for supermarkets and pharmacies
  • People will be required to prove they have been vaccinated before being allowed into venues

Abu Dhabi will be effectively out of bounds for unvaccinated people from Friday in order to curb the transmission of the coronavirus in the capital of the United Arab Emirates.

Citizens, residents and tourists will have to show proof of vaccination, or exemption, to gain entry to a number of venues, including  shopping malls, restaurants and cafes.

Other venues closed to the unvaccinated include sporting activities, museums, gyms, schools and universities.

Theme parks are also closed to the unvaccinated.

People will be required to use the Al Hosn testing and vaccination app to prove they are either vaccinated or exempt.

The ban does not apply to those who exempt from vaccination, or to children aged 15 and below.

The unvaccinated are effectively barred from entering any business in the UAE capital except for supermarkets and pharmacies.

The neighboring travel hub of Dubai has previously introduced some vaccination restrictions on mass entertainment and sporting events.

But malls and other businesses remain open to the unvaccinated.

The UAE’s Ministry of Health and Prevention (MoHAP) announced that it conducted 311,295 additional COVID-19 tests in the past 24 hours, state news agency WAM reported.

The MoHAP announced 1,070 new coronavirus cases, bringing the total number of recorded cases in the UAE to 707,236 since the start of the pandemic.

The Ministry said the infected individuals were from various nationalities, and were in a stable condition, receiving the necessary care – the report added.

There were two deaths in the past 24 hours due to COVID-19 complications, bringing the total number of deaths in the country to 2,014.

The MoHAP said an additional 1,619 people had fully recovered from COVID-19, bringing the total number of recoveries to 687,644.