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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.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

Jeddah airport picks new acting CEO

Flight delays and mishandled luggage marred the airport recently. (Pic KIA)
  • Aboabah has 28 years of experience, where he had held several leadership positions including the vice president for operations at Riyadh Airports Co.
  • Several clips featuring the chaotic situation have gone viral on the internet, with people questioning why su.ch a situation happened at the newly built $9.6 bn airport.

Ayman Aboabah has been appointed as the acting CEO of Jeddah’s King Abdulaziz International Airport, replacing Ryyan Tarabzoni.

Media reports said Aboabah’s appointment comes at a time when the airport faced chaos during the peak season due to flight delays and mishandled luggage.

The decision from Jeddah Airports Co. came after the Saudi minister of Transport Saleh Al-Jasser ordered an emergency probe to investigate the chaotic scenes at the airport.

Aboabah has 28 years of experience, where he had held several leadership positions including the vice president for operations at Riyadh Airports Co.

Several clips featuring the chaotic situation have gone viral on the internet, with people questioning why such a situation happened at the newly built $9.6 billion airport, the reports said.