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.

Morocco fish production reaches 1.4 million tons in 2021

  • This remarkable performance was recorded in the three segments of fisheries: artisanal fishing, coastal fishing and deep-sea fishing
  • Artisanal fishing has benefited from the increase in the turnover of octopus due in particular to the rise in its average price by 53 percent

Morocco fisheries production has reached a record 1.4 million tons fetching the government 15 billion dirhams in 2021, an increase of 35 percent over the previous year, the Ministry of Agriculture, Fisheries, Rural Development and Water and Forests said on Friday.

This remarkable performance was recorded in the three segments of fisheries:  artisanal fishing (+66 percent), coastal fishing (+22 percent) and deep-sea fishing (+36 percent), said the Ministry.

Artisanal fishing has benefited from the increase in the turnover of octopus (74 percent of the total) due in particular to the rise in its average price by 53 percent. 

The increase of coastal fishing has resulted  from the growth in the turnover of cephalopods.

Similarly,  deep-sea fishing, was also helped by the increase in the turnover of cephalopods due to the rise in average prices of these species, said the Ministry.