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Economy, Energy

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.

  • UAE approves official holidays calendar for govt, private sectors for 2024

    UAE, Dubai - UAE has approved the year 2024 official holidays calendar for both public and private sectors.As part of the UAE's ongoing efforts to enhance work and life balance in government and private sectors, the resolution aims to enable all community members working in various sectors in the UAE, as...

  • Saudi Arabia and Oman launch ‘joint tourist visa’ to boost industry

    Riyadh, Saudi Arabia--Saudi Arabia and Oman have launched a joint tourist visa to boost trade and investment cooperation in tourism-related projects.The unified tourist visa between the two countries was one of the several initiatives agreed upon at a high-level meeting held between officials of the two countries. The new cooperation in...