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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.

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

Facebook accused of blocking Australian health sites

Meta rolled out the fact-checking option in May, leaving many users to discover it for themselves in the settings. (AFP)
  • US based organization said that Facebook "overblocked" websites in Australia that were providing support for vulnerable people
  • Australia had passed a law to force Facebook to negotiate with news content providers after the five days of blackout
A whistleblower group is accusing Facebook of deliberately blocking websites for Australian hospitals and emergency services as part of a negotiating tactic last year. The social network owned by Silicon Valley tech giant Meta was lobbying to weaken a proposed law requiring it to pay news providers in Australia when it blocked all such content from its platform in February 2021.But the algorithm also blocked other websites in what the company maintained was an accident, told AFP on Friday that “any suggestion to the contrary is categorically and obviously false.””We intended to exempt Australian government pages from restrictions in an effort to minimize the impact of this misguided and harmful legislation,” a Meta spokesperson said.

“When we were unable to do so as intended due to a technical error, we apologized and worked to correct it.”

However, US-based organization Whistleblower Aid alleged it was actually a Meta ploy in filings with the US Department of Justice and the Australian Competition and Consumer Commission, first reported in the Wall Street Journal on Thursday.

The organization said in a statement that Facebook’s five-day blackout of news content providers had deliberately “overblocked” local governments, health services and other sites that were providing support for vulnerable people.

The intention was to force the government to weaken the proposed law, the group said.

“This wasn’t just an example of a corporate actor behaving recklessly,” said Whistleblower Aid chief Libby Liu.

“Facebook intentionally put lives at risk to protect its bottom line.”

Shortly after the blackout, Australia passed a law forcing Facebook to negotiate with news content providers, but politicians watered down some of the most onerous proposals.