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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.

German lawmakers recognize the 2014 Yazidi ‘genocide’

  • Germany, home to a large Yazidi diaspora, is one of the few countries to have taken legal action against IS
  • Last November, a German court convicted an Iraqi of genocide against the Yazidi minority, a first in the world
German lawmakers on Thursday recognized the 2014 massacre of Kurdish-speaking Yazidis by Islamic State group jihadists in Iraq’s northwest as a “genocide”, following the lead of UN investigators.
“The recognition of the genocide is an essential step to overcome the traumas for the Yazidi community,” said Greens MP Max Lucks, highlighting the precarious situation faced by survivors still living in Iraq.
“A safe life, peace… must be our ambition for the Yazidi community,” he said.Germany, home to a large Yazidi diaspora, is one of the few countries to have taken legal action against IS.Last November, a German court convicted an Iraqi of genocide against the Yazidi minority, a first in the world that Nobel Peace Prize laureate Nadia Murad hailed as a “victory” in the fight for recognition of the abuses committed by IS.

The Yazidi minority has been particularly persecuted by the IS, which forces its women into sexual slavery and killed men in their hundreds.

A special UN investigation team announced in May 2021 said that it had collected “clear and convincing evidence” that IS had committed genocide against the Yazidis.