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

Flydubai scales up flights

  • The new flights will run to European cities such as Milan and Cagliari in Italy as well as Corfu in Greece
  • The launch of the six new routes will elevate flydubai’s network to a total of 113 destinations across 53 countries

Dubai, UAE — Flydubai will operate new flights to key destinations across Europe and Asia in 2023.

The new flights will run to European cities such as Milan and Cagliari in Italy as well as Corfu in Greece.

The airline will also operate flights to Asian tourist hotspots such as Pattaya and Krabi in Thailand.

The low-cost carrier has decided to resume flights to Al Hofuf city located in Saudi Arabia as of Nov. 24.

The launch of the six new routes will elevate flydubai’s network to a total of 113 destinations across 53 countries. This figure poses the largest number of destinations the airline has served since its launch back in 2008.

Commenting on the expansion of the airline’s network, flydubai CEO Ghaith Al Ghaith, said: “Dubai’s aviation industry has made a swift recovery, and our agility combined with our strong business model has enabled us to grow our operations and to achieve this significant milestone. With 113 destinations now available to book, we look forward to offering our passengers more options for travel across our ever-growing network.”

Since the beginning of 2022, flydubai started flights to over 20 destinations including but not limited to Pisa and Catania in Italy, Osh in Kyrgyzstan as well as Samarkand and Namangan in Uzbekistan.

Earlier this year, flydubai reported a strong performance in the first quarter, as the low-cost carrier posted a 114 percent rise in passengers from the same period last year, the airline said in a statement.

The airline said it operated 19,000 flights and carried 2.35 million passengers during the period.

Moreover, the airline also witnessed an increase in demand in the first quarter for connecting traffic with 43 percent of the passengers connecting to the carrier’s network compared to 28 percent for the same period last year.

Last year, the airline signed an agreement for handling services with the Saudi Ground Services Co. for a period of five years, with a value exceeding $27.2 million.