This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting Amazon Web Services 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.

Facebook, Instagram services restored after widespread outages

  • A Meta Spokesman said the issue was resolved for "everyone who was impacted"
  • Facebook is the world's largest social media platform with three billion active users

Washington, United States — Meta said its Facebook and Instagram services have been restored, after more than half a million users reported widespread issues earlier in the day, with many saying they were booted out of the social media platforms and unable to log back in.

DownDetector, a site that monitors internet service outages, on Tuesday said it received more than 500,000 reports of problems by U.S. Facebook users and more than 70,000 reported problems with Instagram as of about 10:30 a.m. ET. The most frequently reported problems were with logging into the Facebook app and issues with the Instagram app, according to DownDetector.

“Earlier today, a technical issue caused people to have difficulty accessing some of our services,” a Meta Spokesman said in a statement on Tuesday. “We resolved the issue as quickly as possible for everyone who was impacted, and we apologize for any inconvenience.”

Meta on Tuesday said it was looking into widespread outages of its Facebook, Instagram and Threads platforms after users around the world were locked out of their accounts.

“We’re aware people are having trouble accessing our services. We are working on this now,” Meta spokesman Andy Stone said in a post on X..

Threads, the rival to Twitter that was launched in 2023, was also suffering reports of outages, though WhatsApp, Meta’s messaging service, seemed spared.

Facebook’s status page, intended for advertisers, said the site was suffering “major disruptions” and that “engineering teams are actively looking to resolve the issue as quickly as possible.”

Users trying to access Facebook were asked to log in but were unable to sign in using the correct password.

On Instagram, mobile users were seeing their feeds not refreshed.

Facebook is the world’s largest social media platform with three billion active monthly users.

Instagram has about 1.35 billion users, according to the latest data.