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Tariq Ibrahim Abu Shouk

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.
  • Sudanese pound stays strong despite ongoing conflict

    Dr Gharaibeh attributes Sudan's monetary stability to the localized conflict in Khartoum and increased reliance on local investment, compensating for the decline in foreign investment. He further emphasizes that the capital flight from Sudan has been minimal, due to the conflict being concentrated in Khartoum.