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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.

SAR passenger numbers rise

  • The company said that the freight service also contributed to the removal of more than 871,000 trucks from the roads
  • Saudi Railways CEO said results are reflective of the high-quality service and emergence of Saudi railways as a reliable transportation option

More than 2.3 million passengers used Saudi Railways during the first half of 2022, a 121-percent increase as compared to the same period last year.

The cargo transported by the railway company’s freight trains also recorded a 24 percent increase as compared to the first half of the previous year to reach more than 6.7 million tons, the company said in a statement on Tuesday.

The freight service also contributed to the removal of more than 871,000 trucks from the roads.

Bashar Al-Malik, the CEO of the company, said the first half results are reflective of the high-quality service and emergence of Saudi railways as a reliable transportation option.