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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.

New FAO Strategic Framework to drive shift in agri-food systems

    • 20 Programme Priority Areas were identified that are inter-disciplinary, issue-based technical themes

    • Members stress the importance of promoting innovation, digital technologies and data

    Members of the Food and Agriculture Organization of the United Nations (FAO) Saturday endorsed the new Strategic Framework that will drive the Organization’s efforts to transform agri-food systems and address hunger, poverty and inequality over the next decade.

    Endorsed at the last day of the 42nd Session of FAO Conference, the Strategic Framework 2022-2031 seeks to support the 2030 Agenda for Sustainable Development through the transformation to more efficient, inclusive, resilient and sustainable agri-food systems.

    Twenty Programme Priority Areas were identified that are inter-disciplinary, issue-based technical themes, where FAO has a comparative advantage, track record and ability to act.

    Members also expressed their support for FAO’s main initiatives, such as the Hand-in-Hand Initiative and the COVID-19 Response and Recovery Programme.

    The FAO Conference takes place every two years. It determines the strategies and policies of the Organization, approves the budget, and makes recommendations to Members on food and agriculture issues.

    The 42nd session of the Conference was the first one held virtually in history. It saw record-breaking participation from around the world – over 1,300 people, including 119 Ministers – on its opening day.