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 $725mMaaden 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.ADQ, Orion to establish JV
The partners commit to deploying $1.2bn in the next four years.Alpha Dhabi acquires interest in NCTH
The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.Meraas awards construction contract
The $272m contract has been awarded for Bluewaters Bay.SIB’s 2024 profit $272m
The profit surpassed AED 1 billion for the first time in bank's history.AD Ports to invest in Kazakh port
Under the deal, AD Ports Group owns 51% stake.PIF acquires stake in Saudi Re
The acquisition was made by way of a capital increase.ADNOC Gas awards contracts
The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.ADNOC L&S buys stake in Navig8
The company will acquire the remaining stake in mid-2027.DAE to acquire Nordic Aviation Capital
The terms of the transaction have not been disclosed.Emirates’ first A350 takes flight
The airline operated the inaugural flight from Dubai to Edinburgh.NDMC arranges $2.5bn credit facility
The Shariah-compliant facility spans a tenure of three years.Kamco Invest launches two funds
Kamco's assets under management surpass SAR 1bn.SHUAA okays MCB tranches
The two tranches will be converted into equity at the earliest opportunity.Honda shares soar 16%
The surge came after the auto giant announced a $7bn buyback.Mubadala acquires stakes from GHH
It acquired an 80 percent stake in Global Medical Supply Chain.ADNOC Drilling closes JV
It is a JV between ADNOC Drilling, SLB and Patterson UTI.Boeing to boost 787 production
The firm will invest$1bn to ramp up production in South Carolina.ADNOC signs deal with PETRONAS
Under the agreement, ADNOC will supply 1m tons of LNG per year.Aramco-Horse Powertrain deal completed
An agreement for the purchase of 10% equity stake was signed in June 2024.Roche to buy Poseida Therapeutics
The $1.5 billion deal is due to close in early 2025.BP announces $7bn gas project
The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.Lulu Retail Q3 profit $35m
For the nine-month period, net profit increased by 73.3%.Talabat IPO offer price range announced
The subscription will close on 27 Nov for UAE retail investors.Salik 9M net profit $223m
The company's third-quarter profit increased by 8.8 percent.Avia to buy 40 Boeing aircraft
The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.Emirates half-year profit $2.5bn
The record profit is subject to new 9% corporate tax for the first time.Lulu’s IPO raises $1.72bn
The proceeds make it the largest UAE IPO of 2024 to date.DAE 9M net profit $310m
The company said this was a 54.9 percent YoY increase in net profit.ADNEC to acquire ‘Royal Catering’
Royal Catering has more than 2.500 employees.PIF sets up sarcc company
The new entity will address growing staff accommodation demand.Boeing to cut 10% of workforce
The company has projected a large third-quarter loss.AviLease acquires 9 aircraft from Avolon
AviLease had purchased 13 aircraft from Avolon in 2023.ADNOC L&S to pay $136.5m dividend
This is equivalent to 6.78 fils per share, the company said.‘TAQA’ prices $1.75bn dual tranche
The 12-year senior unsecured notes are sized $850m.Samsung says planning job cuts
The layoffs could affect about 10 percent of the workforce.GM reports US sales dip, that of EVs grew
The big Detroit automaker reported 659,601 US sales during the period.Covestro accepts ADNOC takeover bid
The deal values German chemicals group at $13.3bn.Masdar acquires Saeta Yield
The deal is estimated to be valued at $1.4 billion.Boeing lifts wage hike to 30%Â
The 30% general wage hike improves upon the 25% in the earlier offer.ADNOC Distribution H1 dividend $350m
The total dividend for 2024 is expected to be $700 million.TAQA launches new corporate identity
Abu Dhabi Energy Services will be renamed as TAQA Services.Rightmove rejects £5.6bn Murdoch bid
The property website said the bid was undervalued.EGA buys 80% stake in Spectro
EGA says the deal boosts its plan to expand recycling space globally.Xiaomi posts solid quarterly sales growth
The company is Chinese smartphone and household tech giant.


















































