Belt and Road Initiative in GCC: A deep dive
The relations between the Arab world and China have touched new highs particularly after China launched the Belt & Road Initiative project in September 2013.
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Road and Belt Initiative
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.
