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.

Dubai Customs, DP World to launch automation at Jebel Ali Port

    • The new system will speed up the refund process as customers can now submit refund claims immediately after loading vessels’ departure

    • It will also expedite the export of all kinds of goods

    Dubai Customs has joined hands with DP World, UAE Region, to scale up the export of cargo load process from Jebel Ali Port with the launch of Automation of Exit/Entry Certificates.

    On an average, 700 documents were stamped daily at the Customer Service Centre which sums up to approximately over 250,000 documents annually. The Exit Certificate Automation eases the process of refund claims submission at Dubai Customs, saving time and cost, while further expediting the exports of all kinds of goods.

    This initiative will speed up the refund process as customers can now submit refund claims immediately after loading vessels’ departure. The wait time for physical documents for submission has been eliminated.

    Ahmed Mahboob Musabih, Director-General of Dubai Customs, said, “We are pleased to launch Automation of Exit/Entry Certificates initiative in cooperation with DP World, which comes within Dubai Customs’ plans to automate customs procedures and leverage advanced technology to reduce customers’ time and cost in a way that supports commercial operations and enhances Dubai’s global trade position.”