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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.

Kaspersky now a ‘security threat’

  • The US Federal Communications Commission has added Kaspersky to a threat list
  • This effectively blocks the firm from being paid with certain US government subsidies

US regulators have deemed antivirus software maker Kaspersky a “threat to national security,” a designation that will restrict its dealings in the United States.

The Federal Communications Commission has added Kaspersky to a threat list — which blocks paying the firm with certain US government subsidies — that also includes Chinese companies like Huawei and ZTE.

The FCC’s statement released Friday did not mention Russia’s invasion of Ukraine, but Kaspersky responded to the designation by saying it was imposed “on political grounds.”

“This decision is not based on any technical assessment of Kaspersky products,” the firm added in a statement.

German cyber security agency BSI urged consumers earlier this month against using Kaspersky’s antivirus software, warning that the company could be implicated — willingly or unwillingly — in hacking assaults amid Russia’s war in Ukraine.

The addition of Kaspersky to the threat list blocks money from the FCC’s fund that supports telecommunications in rural areas.