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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.

ADX gains $1.90bn on strong performances from bank stocks

ADX gains $1.90bn on strong performances from bank stocks.
  • The total market capitalization of listed shares reached AED 3.49 trillion at the end of Thursday's trading session.
  • Local stocks attracted over AED1.5 billion in liquidity at the end of the session, distributed as follows: AED 1.12 billion on the ADX and AED396.3 million on the DFM.

Abu Dhabi, UAE — The Abu Dhabi Securities Exchange (ADX) extended its gains at the close of trading today, adding over AED7 billion ($1.90 billion) to its market capitalization, driven by gains in leading bank stocks. Meanwhile, the Dubai Financial Market (DFM) closed slightly down, according to trading data.

The total market capitalization of listed shares reached AED 3.49 trillion at the end of Thursday’s trading session, comprising AED 2.795 trillion for ADX-listed shares and AED695.8 billion for DFM-listed shares.

Local stocks attracted over AED1.5 billion in liquidity at the end of the session, distributed as follows: AED 1.12 billion on the ADX and AED396.3 million on the DFM. Over 533.1 million shares were traded in more than 30,700 transactions.

On ADX, International Holding Company (IHC) led the trading activity, attracting the highest liquidity of AED196.8 million. Alpha Dhabi Holding followed closely behind with AED84.3 million in liquidity, while ADNOC Gas and Multiply Group generated AED80.8 million and AED61.8 million in liquidity, respectively.

On DFM, Emaar Properties emerged as the most actively traded stock, attracting AED139.8 million in liquidity. Air Arabia followed with AED29.3 million in liquidity, while Emaar Development and Dubai Islamic Bank generated AED28.9 million and AED26.3 million in liquidity, respectively.