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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.

Emerson to set up solar rooftop plant at Dubai head office

    • The solar rooftop is expected to be financed, designed, constructed, and operated by SirajPower

    • It will consist of 5,489 solar panels over 19,340 sq m across four of Emerson’s warehouses and office buildings

    The Middle-East arm of Emerson Automation Solutions has tied up with UAE-based SirajPower to set up a solar rooftop plant at its Middle East and Africa head office in Dubai, said local reports on Monday, August 2.

    The reports added that this would be the largest solar rooftop plant in a single location within the Jebel Ali Free Zone.

    Along with SirajPower, Emerson also appointed Clenergize Solar Consultants as comprehensive advisors to cover the specifications, tendering, contract management, design reviews, and project management, said the reports.

    The solar rooftop is expected to be financed, designed, constructed, and operated by SirajPower.

    It reportedly consists of 5,489 solar panels covering a roof area of 19,340 sq m across four of Emerson’s warehouses and office buildings in Jebel Ali South.

    The solar system will have a capacity of 2.6 MWp and will produce 3.923 GWh of clean energy annually.

    This project will reduce Emerson’s carbon emissions by 2,891 MT annually, said the reports.

    The official signing ceremony was said to have been held last week at the Emerson’s Jafza facility.

    It was reportedly attended by Emerson’s Middle East and Africa President Vidya Ramnath and SirajPower’s CEO Laurent Longuet.

    It marked the launch of the solar rooftop project’s installation and commissioning. The project is expected to go live before year-end, said the reports.