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Saudi Arabian Military Industries

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.

  • Two Saudi defense firms sign contract to build SkyGuard UAV

    Saudi Arabia's General Authority for Military Industries (GAMI) and Saudi Arabian Military Industries (SAMI) have signed a contract for the development and manufacture of the SkyGuard UAV. SAMI also signed an agreement with the Prince Sultan Defense Studies and Science Research Center (PSDSARC) for developing the UAV. The Skyguard UAV...