ADNOC earns 17.6B dirhams profit
Adnoc's listed companies saw a 2.4% increase in profits during the first half of 2026, reaching 17.6 billion dirhams compared to 17.18 billion dirhams in the same period of 2025. This growth occurred despite the decline in profits of two major companies, Adnoc Gas and BPG. Adnoc Supply & Services recorded the highest increase, with a rise of 173.57%, from 1.50 billion dirhams to 4.11 billion dirhams, followed by Virtugolob, which saw profits grow by 236.64%. On the other hand, Adnoc Gas profits fell by 34.31%, from 9.75 billion dirhams to 6.4 billion dirhams, and BPG’s profits decreased by 26.84%. Despite the declines in two companies, the other four companies managed to offset the downturns and achieve overall profit growth, as significant increases in some companies helped compensate for part of Adnoc Gas and BPG’s declines.
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