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Trade Arabia | Trade Arabia Middle East & GCC business information Portal | Trade News Portal BEGIN ADVERTPRO CODE BLOCKWednesday 15 May 2024 Home TradeArabia Network Trade News Business Directory Events Showrooms Advertise Contact us NewsletterHome Trade News Trade News Construction & Real Estate Energy, Oil & Gas Finance & Capital Market Industry & Logistics IT & Telecommunication Health & Environment Media & Promotion Motoring Retail & Wholesale Travel, Tourism & Hospitality Lifestyle Analysis, Interviews, Opinions Miscellaneous Other Sectors Business Directory Business Directories Company Name Business Activity Contact AdvertiseAdvertise Newsletter Premium Content123 0 10% GROWTH IN NET PROFIT AD Ports Group revenue doubles to $1bn in Q1 AD Ports Group, a leading facilitator of global trade, logistics, and industry, today reported strong operational and financial performance for the first quarter of this year with revenue doubling year-on-year to AED3.89 billion ($1.06 billion). more… 1 PASSENGER NUMBERS SOAR TO 51.9m Emirates Group nets record $5bn profit; revenue up 15pc The Emirates Group reported a new record profit of AED18.7 billion ($5.1 billion) for the financial year ended March 31, 2024, up 71% compared to last year’s figures of AED10.9 billion ($3 billion). more… 2 NON-OIL, REFORMS COUNT Moderate growth seen in Bahrain, Oman, Qatar Economic growth in Bahrain, Oman, and Qatar is forecast to proceed at a moderate pace on average in 2024 and 2025 on decent projected growth in non-oil activity, says a report more… 3 ANALYSIS UAE construction sector riding high on $590bn project pipeline Despite global challenges such as inflation and geopolitical tensions, the total pipeline value of unawarded construction projects in Mena region is set to hit $3.9 trillion with UAE holding a 15% share worth $590 billion, according to an industry expert. more… 4 ANALYSIS ESG sukuk to top $50bn amid new regulatory frameworks The ESG (environmental, social, and governance) sukuk will cross $50 billion mark globally in the next two years as issuers aim to meet their funding diversification goals and ESG mandates, alongside new regulatory frameworks, according to Fitch Ratings. more… 1 2 3 4 5 Top Trade News UAE continues to post robust growth in non-oil sectors: OPEC Emaar’s Q1 net profit up 15pc; revenue soars to $1.8bn Alba reports $65m Q1 profit Fertiglobe reports $552m Q1 revenue Korean builder GS E&C lands $1.7bn Oman desal plant contract Zain revenue soars to $1.5bn in Q1, net profit hits $95m Air Arabia Q1 net drops 22pc despite 8pc turnover rise UAE’s National Bonds creates 292 millionaires in Q1 2024 $527m Bahrain Marina on track; achieves key safety milestone QatarEnergy to acquire two new exploration blocks offshore Egypt International NewsWeek’s Top Stories Most Read Stories A PHP Error was encountered Severity: Notice Message: Undefined offset: 0 Filename: pages/home.php Line Number: 174 _ A PHP Error was encountered Severity: 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Undefined offset: 8 Filename: pages/home.php Line Number: 188Ras Al Khaimah plans electric air mobility by 2027 Samail Industrial City welcomes $41.6m beverages project Adnoc Drilling lands $1.7bn unconventional energy deal Chinese builder wins contract for 20,000 Saudi residential units Binyah lands $142m Diriyah Gate car park excavation work Alba launches ‘greener’ EternAl for global markets APM Terminals Bahrain modernisation, digitalisation on track Amarak Chemicals to set up plant nutrients facility in Jafza New $14m Omani Sarooj factory to be set up in Suhar BAC hosts Town Hall meeting for key stakeholders Abu Dhabi non-oil exports to Poland soar 253pc in 2023 Bahrain named first destination for new Emirates A350 flights Eduoutings makes landmark debut at Arabian Travel Market Saudi inflation falls to 1.6pc in March Collinson Group announces new global JV with WithU Global Demand for O&G will continue for a very long time: Al-Kaabi SABIC reports $65.5m profit for first quarter NHC, Talaat Mostafa Group break ground on $8bn Saudi cityIndustry Sectors Construction & Real Estate Retail & Wholesale Energy, Oil & Gas Finance & Capital Market Analysis, Interviews, Opinions Industry, Logistics & Shipping Travel, Tourism & Hospitality IT & Telecommunications Lifestyle Motoring Health & Environment Media & Promotion Education, HR & Training Miscellaneous Construction & Real Estate $527m Bahrain Marina on track; achieves key safety milestone Bahrain Marina Development Company has announced that steady progress is being made on its BD200 million ($527 million) premium project, Bahrain Marina, coming up in the capital Manama with nearly 18% of the construction work already completed. More… Tadweer to build Abu Dhabi’s first greenfield material recovery facility Emaar’s Q1 net profit up 15pc; revenue soars to $1.8bn Gulf Land Property to set upcale residential community in Dubai RMJM completes work on Masdar City innovation hub More Stories Retail & Wholesale The Avenues-Bahrain seals deal...