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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

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The Sukuk were offered in a five-year and a 10-year tranche.

Saudi Arabia, Romania sign wide-ranging defense agreement

  • The pact includes training, exchange of expertise, technologies and developing communications systems.
  • The agreement is in line with the two sides’ commitment to promote and encourage international peace, media reports said.

Saudi Arabia and Romania signed on Tuesday a defense cooperation agreement that covers training, exchange of expertise, technologies, developing communications systems, medical services, military history, archives, publications, and museums, among others.

The agreement is in line with the two sides’ commitment to promote and encourage international peace and stability.

Assistant Minister of Defense for Executive Affairs Khalid bin Hussein Al-Bayari, represented the Kingdom in the signing ceremony.

The Romanian side was represented by Simona Cojocaru, State Secretary and Chief of the Department for Defense Policy, Planning and International Relations.

The signing ceremony was held in Riyadh, and attended by a number of officials from the two sides.