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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.

Fast-track new govt, France to Tunisia

    • French foreign minister Le Drian said it was necessary to allow a rapid return to a normal functioning of Tunisia’s democratic institutions

    • Key civil society groups in Tunisia have warned against any “illegitimate” extension of Saied’s 30-day suspension of parliament

    France on Wednesday urged Tunisia to rapidly appoint a new prime minister and government as the north African country lurched further into political uncertainty.

    French Foreign Minister Jean-Yves Le Drian told his counterpart Othman Jerandi that Tunisians were expecting such a move, after President Kais Saied sacked more officials, having earlier suspended parliament and assumed executive powers in what opponents have labelled a “coup”.

    Speaking to Jerandi by phone, Le Drian underlined “the importance of a rapid appointment of a prime minister and the formation of a government that is in a position to meet the expectations of Tunisians”, according to a French foreign ministry spokesperson.

    He also said it was “necessary to preserve calm, and the rule of law, and to allow a rapid return to a normal functioning of Tunisia’s democratic institutions”.

    France had early this week already called on Tunis to create the conditions for institutions to refocus their efforts on the country’s health, economic and social crises.

    Key civil society groups in Tunisia have warned against any “illegitimate” extension of Saied’s 30-day suspension of parliament, and demanded in a joint statement a timeline for political action.

    After suspending parliament and sacking Hichem Mechichi as prime minister on Sunday, dismissing the defence and justice ministers on Monday, Saied then issued orders dismissing a series of top officials.

    Saied says his actions are justified under the constitution, which allows the head of state to take unspecified exceptional measures in the event of an “imminent threat”.