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- Stocks extend gains on US rate cut hopes
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- Burgan Bank receives Digital Transformation Excellence Award for leveraging SAP technologies
- S&P Global Ratings upgrades NBK's credit rating to 'A+' with a stable outlook
- Kuwait reaps benefits of reforms
- ADNOC Gas and EMSTEEL sign $4bn low-carbon gas deal
- FSA orders public joint-stock companies & investment funds to shorten dividend transfer
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21/02/2018 07:31 AST
Abu Dhabi Ship Building (ADSB)'s net profit increased to Dh104.8 million in 2017 from Dh61.3 million in the previous year due to awarding of marine support services contract, cost efficiency measures and expansion into oil and gasfields.
ADSB is a Public Joint Stock Company, 10 per cent owned by Abu Dhabi's government, 40 per cent owned by Mubadala Investment Company, and 50 per cent publicly traded on Abu Dhabi's Securities Exchange (ADX).
The firm brought in operational changes in naval ship building and small boats construction and services sectors to improve efficiency, according to a statement on Tuesday.
Gulf News
21/02/2017
Abu Dhabi Ship Building Company (ADSB) plans to double its services business to 50 per cent of its entire portfolio by 2021, days after signing a Dh100 million contract with the UAE Armed Forces, the
Gulfnews
25/04/2016
Abu Dhabi Ship Building announced key business results for 2015 at its recent annual general meeting held in Abu Dhabi. ADSB's consolidated revenue for 2015 was Dh791 million, while its net profit
Khaleej Times
24/01/2016
Abu Dhabi Ship Building (ADSB) has won a Dh260 million contract from the Kuwaiti government to build eight boats, as the Arabian Gulf neighbour looks to bolster its maritime patrol and defence capabi
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.78 | -0.26 (-2.59 |
| IQCD | 12.30 | 0.30 (2.50 |
| MODON | 3.33 | -0.09 (-2.64 |
| ADNOCLS | 5.53 | -0.03 (-0.54 |
| ADPORTS | 4.41 | -0.15 (-3.29 |
27/11/2025
As part of the government's ongoing commitment to empowering people with disabilities and reinforcing their role in the Kuwaiti community and the labor market, Dr Ahmad Abdulwahab Al-Awadhi, Minister
Kuwait Times
27/11/2025
In line with its progressive and forward-looking banking innovation and digital transformation strategy, Burgan Bank attended the Business Suite Innovation Day, hosted by the Bank's strategic partner
Kuwait Times
27/11/2025
S&P Global Ratings announced that it has upgraded the credit rating of National Bank of Kuwait (NBK) from 'A' to 'A+', with a Stable Outlook. The agency explained that the upgrade reflects NBK's posi
Kuwait Times
27/11/2025
ADNOC Gas and its subsidiaries, a world-class integrated gas processing company, today announced the signing of a landmark agreement, valued between $3.5 billion and $4.2 billion with EMSTEEL, one of
Trade Arabia
27/11/2025
Multiply Media Group (MMG), a subsidiary of Abu Dhabi's 2PointZero Group PJSC, has acquired 100% of London Lites, securing full ownership of one of the UK capital's most prominent digital Out-of-Home
Gulfnews
Financial Information Co.
Saudi Arabia