This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting AWS cloud infrastructure in the GCC.

Search Site

AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

WHO seeks $392m for Yemen before donor meet

  • The UN estimates that 21.6 million people –- two-thirds of Yemen's population –- will require humanitarian aid and protection services in 2023
  • Huthi rebels seized the capital Sanaa in 2014, prompting a Saudi-led coalition to intervene the following year to prop up the internationally recognised government

The World Health Organization on Sunday appealed for $392 million ahead of a UN-led donor conference in Geneva to avert the “potential collapse” of the health sector in war-torn Yemen.

The call came with the Arabian Peninsula country in the throes of one of the world’s worst humanitarian tragedies after eight years of war between Iran-backed Houthi rebels and government forces propped up by Saudi Arabia.

Nearly half of all health facilities in Yemen are only partly functioning or are completely out of service because of shortages of staff, funds, electricity, medicines, supplies and equipment, WHO says.

“Yemen requires urgent and robust support… to effectively avert the potential collapse of its health system,” said the agency’s Yemen representative Adham Abdel Moneim Ismail.

“New funding in the amount of US $392 million is required” to ensure that health facilities can continue providing services to 12.9 million people, he said in a statement.

Those needing assistance include 540,000 children under five who face severe acute malnutrition with a direct risk of death, according to Ismail.

His appeal came a day before the donor meeting being organized by the United Nations, Switzerland and Sweden.

The UN estimates that 21.6 million people –- two-thirds of Yemen’s population –- will require humanitarian aid and protection services in 2023.

Houthi rebels seized the capital Sanaa in 2014, prompting a Saudi-led coalition to intervene the following year to prop up the internationally recognized government.

Since then, the war has caused hundreds of thousands of deaths both directly and indirectly, and pushed the nation to the brink of famine.