ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, has ...
Read More »Adnoc Distribution reports record EBITDA for FY 2024
ABU DHABI/ WAM ADNOC Distribution on Tuesday announced its financial results for 2024, achieving its highest-ever Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) of $1.05 billion (AED3.86 billion), an increase of 4.8 percent year-on-year. Underlying EBITDA, excluding inventory gains and one-off items, reached $989 million (AED3.63 billion), an increase of 11.4 percent year-on-year. This record-breaking performance reflects robust fuel ...
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