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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.

Shell to build fuel stations in Saudi

  • Shell Global is the largest operator of gas stations and car services in the world.
  • Shell Global will transfer the latest expertise to Saudi to provide the latest technology.

Wafi Energy Company (Wafi) signed an MoU with Shell Global to establish and operate fuel stations and car services for Shell Global in  Saudi.

Wafi also signed an MoU with the Ministry of Municipal and Rural Affairs and Housing, to benefit from the services provided by the Municipal portal “Foras”.

It was established and managed by the Ministry, to support coordination between the public and private sectors, which aims to provide investment opportunities for private sector.

Foras also maintains planning standards and development trends of cities and their needs, and the availability of municipal real estate suitable for these.

Shell Global is the largest operator of gas stations and car services in the world, operating more than 46,000 stations in 80 countries.

The company is the technical partner and main sponsor of the Ferrari Formula 1 team.

Shell Global will transfer the latest expertize to the Kingdom to provide the latest technology with the best services at international levels.