FAB Reports Profit Before Tax of AED19.9 Billion in 2024

Abu Dhabi: First Abu Dhabi Bank (FAB) has achieved solid results in 2024, with Group net profit reaching AED17.1 billion, up 4 percent year-on-year (yoy), driven by a 15 percent increase in revenue to AED31.6 billion. Profit before tax grew 13 percent…

ADNOC Gas Reports Record $5 Billion Net Income for 2024

Abu Dhabi: ADNOC Gas plc and its subsidiaries today announced record earnings for the full year (FY) 2024 of $5 billion and its highest quarterly income of $1.38 billion since its IPO.

According to Emirates News Agency, Fatema Al Nuaimi, Chief Exec…