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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.
  • UAE aims to drive sustainable development with its new policy on energy market

    Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the country's energy infrastructure and enhancing environmental sustainability.The initiative is a vital component of a new policy that aims to ramp up investments in the energy sector, encouraging innovation, and developing...
  • TAQA Morocco to invest US$1.6bn in renewable energy solutions

    Dubai, UAE--TAQA Morocco is looking to invest $1.6 billion in renewable energy solutions in Morocco in order to lift up electricity production by 50 percent by 2030. Owned by Abu Dhabi National Energy Co., the company plans to diversify its activities in clean energy and water desalination as part of its...
  • dnata to invest $100m in green ops

    dnata, global air and travel services provider, announced that it would invest $100 million in green operations in the next two years to further enhance environmental efficiency across its global network. The company’s ongoing investment in infrastructure, equipment and process improvement will support it to achieve its strategic objectives and...
  • Amazon to hire 1,500 people in UAE as it expands business

    Amazon, the US e-commerce giant, has announced that it would add 1,500 jobs in the United Arab Emirates to cope with the potential hike in demand as it seeks to expand its presence in the country.