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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.

Google agrees to settle $5bn data privacy breach lawsuit

  • The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them
  • Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode

San Francisco, US – Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked the data of users who thought they were browsing privately.

In a court filing, the judge confirmed that lawyers for Google reached a preliminary agreement to settle the class action lawsuit — originally filed in 2020 — which claimed that “millions of individuals” had likely been affected.

Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked by the firm as they visited Google Analytics or Ad Manager in “private browsing mode” while not logged into their Google account.

This would have amounted to at least $5 billion.

Google and lawyers for the consumers did not immediately respond to a request for comment.

The lawsuit, filed in a California court, claimed Google’s practices had infringed on users’ privacy by “intentionally” deceiving them.

The original complaint alleged that Google and its employees had been given the “power to learn intimate details about individuals’ lives, interests, and internet usage.”

“Google has made itself an unaccountable trove of information so detailed and expansive that George Orwell could never have dreamed it,” it added.

No figure was given for the preliminary settlement between the parties.

A formal settlement is expected for court approval by February 24, 2024.