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.

Saudia raises seat capacity by 10%

  • This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
  • Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

RIYADH, SAUDI ARABIA –  State-owned Saudi Arabian Airlines (SAUDIA) announced that 7.4 million seats would be allocated to domestic and international flights in July and August.

This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.

Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

This would be a 16 percent rise in the number of seats in international flights. The number of international flights would also rise 15 percent to 14,800 flights, the statement said.

The national carrier offered over 3.2 million seats for domestic flights through 17,600 flights.