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AD Ports Group reports 42% growth in total net profit in Q2-24

ABU DHABI/WAM  AD Ports Group on Tuesday announced that its total net profit reached AED439 million in Q2 2024, an increase of 42% Year-on-Year (YoY), while the net profit after minorities reached AED333 million in Q2 2024, an increase of 16% YoY. In a press release, the company said that revenues have more than doubled YoY to AED4.18 billion in ...

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ADNOC Drilling to be added to MSCI’s flagship indexes on August 30

ABU DHABI/WAM ADNOC Drilling Company has announced that its stock has been selected for inclusion in the prestigious MSCI indexes effective post market close on 30th August 2024. ADNOC Drilling will be included in the MSCI Indexes including MSCI EM, and MSCI UAE after meeting the necessary criteria. The Company will become the 12th member of the MSCI UAE index. ...

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