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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.

AD ports’ digital customs transactions increase by 37% in H1

  • AD Customs reported a 20 percent growth in customs clearance request in free zones areas.
  • It also recorded a growth of 6 percent in customs declaration during the first six months of 2023.

Abu Dhabi, UAE — The General Administration of Abu Dhabi Customs recorded a year-on-year growth of 37 percent in digital customs transactions through the border crossings of Abu Dhabi during the first half of 2023.

It achieved a growth rate of 35.8 percent in clearance of goods transactions, and 20 percent growth in customs clearance request in free zones areas.

Abu Dhabi Customs also recorded a growth of 6 percent in customs declaration during the first six months of the current year, while pre-arrival clearance transactions accounted for 38 percent of total customs clearance transactions at all customs centers across the emirate.

Pre-arrival customs clearance, which accounted for 57 percent of exit declarations and 22 percent of entry declarations during the first half of the current year, represented a qualitative addition, especially with the launch of a digital clearance feature for non-residents and unregistered companies from outside the UAE within the framework of the “Abu Dhabi Programme for Effortless Customer Experience”.

The General Administration of Abu Dhabi Customs emphasized that the growth rates during the first half of 2023 reflect the country’s overall economic growth, especially in Abu Dhabi, across all sectors.