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L&T

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.
  • India’s L&T secures EPC contract for Saudi Arabia’s Amaala project

    New Delhi, India - Larsen & Toubro (L&T) secured a major Engineering, Procurement, and Construction (EPC) contract for the Amaala project in Saudi Arabia's Red Sea region. The project, covering 4,155 sq km within the Prince Mohammed bin Salman Natural Reserve, is a high-end tourism destination.The contract, awarded by the...
  • L&T energy hydrocarbon unit clinches mega deal in the Middle East

    New Delhi, India - The L&T Energy Hydrocarbon (LTEH), hydrocarbon business unit of Larsen & Toubro (L&T), said on Monday that it has secured a mega contract from a client in the Middle East. While specific details regarding the contract size and the client's identity were not disclosed by the...
  • Larsen & Toubro to collaborate with banks in the Middle East

    Dubai, UAE - Larsen & Toubro (L&T), a Mumbai-based Indian company, has announced plans to collaborate with banks in the Middle East, the Indian newspaper The Hindubusinessline reported. The primary objective of this tie-up is not to seek financing for projects, as L&T will continue to self-finance its project execution in...
  • Aramco taps L&T for Saudi facility

    Spread over 120,000 square meters of area, the facility which is to construed by L&T aims to create crucial equipment for several industries such as power, oil and gas.
  • L&T wins contract for 132/11kV Dubai substation

    L&T’s construction arm has won several orders in India and abroad, including one for a 132/11kV power substation in Dubai