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.

UAE says 100% of population received one Covid jab

  • According to the UAE health ministry, a total of 21,802,032 doses of vaccine have been administered
  • One hundred percent (of the population) have received one dose, while 90.18 percent are fully vaccinated

One hundred percent of the United Arab Emirates’ population has received at least one dose of a vaccine against Covid-19, the health ministry has said.

The announcement late on Friday, November 26, came amid growing global concern over a new Covid variant dubbed Omicron that was first detected by South Africa.

The World Health Organization said the new variant is more infectious than the dominant, highly transmissible Delta strain, and several countries, including the UAE, have restricted travel from a number of south African countries.

According to the UAE health ministry, “a total of 21,802,032 doses” of Covid vaccine have been administered in the Gulf Arab nation.

“One hundred percent (of the population) have received one dose” while “90.18 percent are fully vaccinated”.

The UAE — a federation of seven emirates — is home to around 10 million people, a majority of whom are expats.

The energy-rich Arab country was considered as far back as July a leader in terms of population in inoculating people against Covid-19.

In October, the UAE declared it had overcome the coronavirus crisis after recording its lowest number of infections that month.

The UAE has so far recorded more than 741,000 cases of Covid-19, including 2,145 deaths.