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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.
  • Need to end charging infrastructure bias as EVs rise

    "Convenient and affordable charging primarily benefits private homeowners who can easily install EV charging equipment on their property and use it to charge their vehicles securely and conveniently overnight. The path forward is clear: We need more chargers, and they need to be accessible to everyone," she adds.
  • Generative AIs transform everyday lives, enterprises

    Despite challenges such as reliability, privacy issues, and potential bias, moderation filters and a 'human in the middle' approach can help mitigate these concerns. As the GenAI space matures, it holds the potential to revolutionize enterprise environments, provided businesses develop a point of view on how GenAI applies to them,...
  • Sudan authorities declare UN envoy ‘persona non grata’

    KHARTOUM, SUDAN -  Sudanese authorities loyal to the regular army have declared UN envoy Volker Perthes "persona non grata", accusing him of taking sides in nearly two months of devastating fighting with rival paramilitaries.Fighting has raged in the north African country since mid-April, when army chief Abdel Fattah al-Burhan and his...
  • Women complain of bias in accounting profession in MENA

    In a diversity, equity, and inclusion (DE&I) study in the MENA accounting profession, 63 percent of women across each of the surveyed MENA regions report experiencing bias.