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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.

Zakat Fund reports revenue of $6 billion in 2021

Zakat Fund gives millions of Dollars as aid to deserving families every year
  • Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, said that the fund is totally transparent
  • Al Muhairi stressed that the Fund will continue working to raise awareness on the Islamic duty of Zakat

The Zakat Fund has recorded total revenues of $6 billion in 2021, an increase of 5 percent over the same period in 2020.

Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, stressed that the fund is moving forward to achieve a high level of leadership and excellence.

This stems from its strategic and operational plans and the confidence of people who donate zakat to the fund, which ensures complete transparency, he added.

He also said that the fund has made its services and payment channels available to the public and has benefited from technological developments, which have enabled it to reach out to more people and provide them with various zakat options.

Al Muhairi expressed his thanks and appreciation to the donors, stressing that the Fund will continue working to raise awareness on the Islamic duty of Zakat.