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Paradigm Shift

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.
  • Middle East corporate sector; is growth around the corner?

    Years of painstaking efforts toward reforms and diversification undertaken by the governments in the GCC region seem to be finally paying off. The World Bank in its biannual Gulf Economic Monitor report has predicted a new financial year of hope and optimism, with economic growth peaking to 2.1 percent, from...