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.

Israeli missile strike on a Syrian airbase kill two foreign fighters

  • The Syrian Observatory for Human Rights said the two foreigners were killed in the raid
  • The Syrian Observatory for Human Rights said the two foreigners were killed in the raid on the T4 air base

An Israeli missile strike on an air base in central Syria has killed two Damascus-allied foreign fighters and wounded several Syrian service personnel, a Britain-based war monitor said on Saturday.

The Syrian Observatory for Human Rights said the two foreigners were killed in the raid on the T4 air base late Friday, but their nationality was not immediately clear.

The official Syrian news agency SANA earlier said that, “at around 9:00 p.m. (1800 GMT), the Israeli enemy… fired a volley of missiles toward the T4 military airport.”

“The aggression wounded six soldiers and led to some material damage,” it added.

The Observatory said the attack targeted a drone depot at the base. Contacted by AFP, an Israeli army spokesperson said the military did not comment on foreign media reports.

Since the outbreak of the Syrian civil war in 2011, Israel has routinely carried out air strikes inside Syria, mostly targeting Iranian and Lebanese Hezbollah forces allied to the Damascus regime, as well as Syrian government troops.

The Israeli army rarely acknowledges individual strikes but has said repeatedly that it will not allow Syria to become a stronghold of its arch-foe Iran.