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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.

Qatar, Spain launch innovation program to support collaborative research

  • The program aims to support collaborative research and development projects in energy, health, resource sustainability, and digital technology
  • The program is the first fruit of cooperation between the QRDI Council and CDTI, following a MoU signed by Qatar and Spain in 2022

Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research, Development, and Innovation (QRDI) Council and the Spanish Centre for the Development of Technology and Innovation (CDTI).

The program is geared to support collaborative research and development projects across all fields, with a focus on energy, health, resource sustainability, and digital technology. 

The QASIP seeks to strengthen innovation partnerships between Qatar and Spain by exchanging knowledge and expertise, expanding the RDI community and technology-based startups, and fostering institutional capacities for the national innovation system. 

Interested entities can submit their proposals on the QRDI Portal from May 26 to September 7, 2023.

Awarded projects will receive joint funding from QRDI Council and CDTI, with each project receiving up to QAR 1,500,000 annually for up to three years and utilized exclusively within Qatar.