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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.

Saudi Arabia urges cooperation in tourism for sustainable future

The Kingdom seeks collective action for renaissance of the tourism sector. (WAM)
  • Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said the cooperation includes facing the issues spawned by Covid pandemic.
  • Al-Khatib said the tourism sector is “more capable of providing wealth and opportunities in places where they are most needed.”

Riyadh, Saudi Arabia – Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said more cooperation is a must for sustainable future in tourism in G20 nations.

It includes facing issues spawned by the Covid pandemic, taking collective action for renaissance of the tourism sector and partnerships between private and public sectors.

Al-Khatib said the tourism sector is “more capable of providing wealth and opportunities in places where they are most needed.”

The minister was speaking during the G20 tourism ministers meeting for 2022 hosted by Indonesia.

The slogan of the meeting was “Recover Together, Recover Stronger.”