Search Site

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.

Riyadh’s WTTC Summit to oversee signing of 50 deals

The joint committee and business council of the two countries can significantly boosts economic relations between Saudi Arabia and Algeria. (WAM)
  • The minister evaluated the deals to be worth $50 billion, local media reports said.
  • Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel

RIYADH, SAUDI ARABIA – Fifty deals and agreements are expected to be signed in the World Travel and Tourism Council (WTTC) Global Summit in Riyadh, Saudi Minister of Tourism, Ahmed Al Khateeb said.

The minister evaluated the deals to be worth $50 billion, local media reports said.

The agreements include state- and company-level deals, Al Khateeb added during the summit scheduled to be organized between Nov. 28-Dec. 1.

Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel, amongst other industry-related officials.