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Fertiglobe reported its Q3 2024 financial results, noting a 6% year-over-year decline in revenues to $496 million, a 12% decrease in adjusted EBITDA to $176 million, and a 25% reduction in adjusted net profit attributable to shareholders to $31 million. For the first nine months of 2024, revenues fell by 13% to $1,543 million, adjusted EBITDA dropped by 31% to $496 million, and adjusted net profit decreased by 48% to $135 million. The reported net profit was affected by provisions related to potential changes in Sorfert's gas pricing. Sales volumes of own-produced products fell 7% year-over-year in Q3 due to shutdowns, though they were down only 2% for the nine months, with potential increases if adjusted for external events. Following ADNOC's acquisition, Fertiglobe will focus on low-carbon ammonia projects, aiming to double its ammonia capacity. The company is on track with cost optimization and expects to achieve an additional $150 million in EBITDA by 2025. Fitch upgraded Fertiglobe’s credit rating to ‘BBB’, and the company has paid $2.42 billion in dividends since its IPO. The market outlook for nitrogen fertilizers remains favorable due to tight markets and low Chinese exports.

The Board of Directors of Fertiglobe plc held a meeting on Friday, 8 November 2024, at 4 p.m. via video conference. During this meeting, they approved the company's financial statements for the third quarter of the 2024 financial year. The Board also reviewed recent developments related to the company's activities and projects. This information was communicated by Ms. Rita Guindy, Director of Investor Relations, with a copy sent to the Securities and Commodities Authority.

RAK Properties, a leading property developer in Ras Al Khaimah, UAE, reported strong financial results for the third quarter of 2024. The company saw a 30% increase in revenue, reaching AED 891 million, and a 46% rise in gross profit to AED 342 million compared to the same period last year. Profit before tax increased by 27% to AED 133 million. These gains are attributed to strategic project developments and operational efficiencies. RAK Properties also secured a AED 2 billion financing facility through a partnership with the Commercial Bank of Dubai to support growth plans, including the development of green buildings in Mina Al Arab. The company successfully launched and sold out the final phase of its QDM project in 2024. The leadership team expressed confidence in maintaining growth and enhancing community offerings, emphasizing their commitment to shareholders, partners, and customers.

ADNOC Gas PLC (AG) has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024.

ADNOC Gas plc released its earnings report for the third quarter and the first nine months of 2024. The report includes a management discussion and analysis, dated November 11, 2024.