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.

Man killed by police in old Jerusalem, says Israel

  • The attack occurred hours after thousands of Palestinians had packed the Al-Aqsa mosque compound.
  • Since the beginning of 2023, violence between Israel and Palestinians have increased rapidly.

JERUSALEM– Israeli police said Saturday they shot dead an Arab Israeli who grabbed a gun from an officer and fired it in a scuffle in the Old City of Jerusalem.

Police said the attack took place around midnight near the Chain Gate, an access point to the Al-Aqsa mosque compound in Israeli-annexed east Jerusalem.

Officers stopped a suspect and, as he was being questioned, “the terrorist suddenly attacked one of the policemen”, grabbing his gun “and managing to fire it”, a statement said.

“In a swift response of the officers who were in danger and struggling with the terrorist, they shot him,” the statement said, adding medics later pronounced him dead.

The suspect was identified as a resident of Hura, a Bedouin village in southern Israel.

Passers-by reported hearing gunfire, and an AFP photographer saw scores of Israeli police deployed in the Old City at around 1:00 am (2200 GMT Friday).

The attack occurred hours after thousands of Palestinians had packed the Al-Aqsa mosque compound on the second Friday of Ramadan for peaceful prayers.

Israeli police said more than 100,000 faithful had gathered to pray at Islam’s third holiest site, built on what Jews call the Temple Mount, Judaism’s holiest site.

More than 2,000 police officers had been deployed throughout the city.

The Israeli-Palestinian conflict had seen an upsurge of violence since the beginning of the year, raising fears of a flare-up during Ramadan.

But the past 10 days since the start of the holy fasting month have seen a relative lull in violence.