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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.

SEWA seeks to enhance cooperation with Siemens Energy

  • Heads of both the companies on Sunday discussed the latest developments in the energy sector
  • SEWA commited to cooperate with all local and international bodies to apply the latest technologies and digital transformation

Sharjah, UAE — Sharjah Electricity, Water and Gas Authority (SEWA), has decided to enhance cooperation with Siemens Energy.in developing energy production, transmission and distribution networks projects and the latest developments in digital technologies and their uses in increasing energy efficiency.

Abdullah Abdul Rahman Al Shamsi, Director General of Sharjah Electricity, Water and Gas Authority (SEWA), on Monday received at the Authority’s headquarters a delegation from Siemens Energy, headed by Stefan May, CEO of Electrification and Automation at Siemens Smart Infrastructure, to discuss the latest developments in the energy sector.

Al Shamsi stressed SEWA commitment to promote sustainable development in its areas of work and to cooperate with all local and international bodies to apply the latest technologies and digital transformation in providing services, enhance the efficiency and sustainability of operations, and develop innovative solutions in the energy sector.