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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.

Citi names new co-heads of emerging markets division in EMEA

Citi names new co-heads of emerging markets division in EMEA.
  • Rizwan Shaikh and Hamza Girach have worked at the bank for about 20 years
  • Girach was a member of the group that covered Saudi Aramco's historic IPO in 2019

New York, US – Citigroup has appointed Hamza Girach and Rizwan Shaikh as co-heads of emerging markets in its banking, capital markets, and advisory division in Europe, the Middle East, and Africa (EMEA), Reuters reported.

Shaikh and Girach have worked at the bank for about 20 years. Girach was a member of the group that covered Saudi Aramco’s historic IPO in 2019.

Citi has also named Miguel Azevedo chairman of emerging markets EMEA investment banking.