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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.
  • Women, rural poor most affected by climate change, says UN

    PARIS, FRANCE – Heatwaves and floods inflict greater economic pain on rural women than men because climate change intensifies existing inequalities, the United Nations' food and farming agency said on Tuesday.Scientists say the effects of rising temperatures are already being felt most acutely by the poorest and most vulnerable people on...
  • Mohamed bin Zayed issues law to establish Abu Dhabi Transport Company

    ABU DHABI, UAE - In his capacity as the Ruler of Abu Dhabi, President Sheikh Mohamed bin Zayed Al Nahyan  has issued a law establishing the Abu Dhabi Transport Company.An affiliate of the Supreme Council for Financial and Economic Affairs, the company will support the emirate’s integrated transport ecosystem by...
  • Mohammed bin Rashid approves Dubai rural area development master plan

    DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai has approved the Dubai Countryside and Rural Areas Development Master Plan, spanning an area of 2,216 square kilometers. The Plan seeks to preserve the nature of areas including Lehbab, Margham, Al Marmoom, Al...
  • Saudi Arabia to penalize owners for not fencing their ‘vacant land’

    The Ministry of Municipal, Rural Affairs and Housing of Saudi Arabia has asked owners of vacant plots of land to fence their property before July 01, 2022, to avoid a fine of $26.6 for every square meter. The ministry intends to beautify the urban landscape, protect property from encroachments, reduce...
  • Home buyers in Middle East long for a villa in the countryside

    Home buyers in the Middle East are looking to settle in rural areas and possess bigger homes than they have at present. This conclusion was drawn in a new survey by global consultancy firm Knight Frank.