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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.

Emirates to restart flights to Saudi Arabia and St. Petersburg

  • Saudi Arabia has recently lifted the travel ban on UAE and allowed its citizens to travel to the emirates starting September 8
  • From October 8, flights between Dubai and St. Petersburg will operate four times a week, with services expected to increase to daily from October 21

Emirates will restart flights to Saudi Arabia and St. Petersburg in Russia with demand for travel rising as the Covid pandemic restrictions ease in many parts of the world.

“The resumption of these services build on Emirates’ growing global footprint, the continued lifting of entry restrictions as well as demand recovery across the airline’s network,” Emirates said.

Saudi Arabia has recently lifted the travel ban on UAE and allowed its citizens to travel to the emirates starting September 8.

From Saturday, Emirates will begin operating 24 weekly flights to Saudi Arabia, including daily flights to the capital Riyadh, daily A380 flights to Jeddah, daily flights to Dammam and three weekly flights to Medina.

Flights to Riyadh will increase to double daily from September 16, and plans are underway to boost frequencies across other gateways by the end of September, Emirates said.

From October 8, flights between Dubai and St. Petersburg will operate four times a week, with services expected to increase to daily from October 21.