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AD Ports Group 2024 net profit $484m

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

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

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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

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Bahrain’s value of indigenous exports rises 103%

  • Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain
  • The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million)

The value of exports of national origin of Bahrain increased by 103 percent to BD386 million ($1.06 billion) during August 2021, compared to BD190 million ($505.32 million) for the same month of the previous year.

The figures came to light as the country’s Information & eGovernment Authority issued its foreign trade report of August 2021.

The report encompasses data on the balance of trade, imports, exports (national origin), and re-exports.

The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 79 percent of the total value, with the remaining countries accounting for 21 percent.

Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing BD77 million (around $205 million) from Bahrain.

The United States was second with BD62 million (around $165 million) and the United Arab Emirates third with BD53 million (around $141 million).

Unwrought aluminum alloys emerged as the top products exported during August 2021 with BD110 million (around $293 million).

Agglomerated iron ores and concentrates was second with a value of BD108 million (around $287 million) and unwrought aluminum, which is not alloyed, third with BD15 million (around $40 million).

The total value of re-exports increased by 31 percent to reach BD58 million (around $154 million) during August 2021, compared to BD44 million (more than $117 million) for the same month of the previous year.