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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.
  • Tech’s carbon footprint: can AI revolutionize responsibly?

    The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with...

    In 2019, researchers trained several large language models, and found that training a single AI model can emit the CO2 emission equivalent of five cars over their lifetimes.

    Between 2010 and 2018, global data center energy use rose by only 6 percent, despite a 550 percent increase in workloads and computing instances, according to the IEA.

  • Three killed in ethnic protests in Iraq’s Kirkuk

    The curfew was imposed in the evening after rival protests -- between Kurdish residents on one side and Turkmen and...

    Two people were shot in the chest and a third in the head, Ziad Khalaf, director of the local health authority told media

    Those wounded, including Kurds, Arabs and three members of the security forces, were hit by gunfire, stones or glass, said Khalaf

  • Iran receives first batch of Russian combat trainer jets

    According to an Iranian media outlet, a batch of advanced Yak-130 training aircraft flew into the Shahid Babaei Air Base...

    Iran and Russia have ramped up military cooperation in the recent years despite international sanctions

    Many in the West have accused Tehran of supplying Moscow with weapons for use in its war against Kyiv

  • Clashes hit Kurdish-held east Syria after curfew

    BEIRUT, LEBANON - Sporadic clashes took place on Saturday in a Kurdish-held area of eastern Syria, a monitor said, after a...

    "Calm has been relatively restored, as the intensity of fighting has decreased due to the 48-hour curfew," an official said.

    The violence has so far killed 54 people, including six children, said the Syrian Observatory for Human Rights, a Britain-based war monitor.

  • Dozen injured after skirmish between Israeli police, Eritrean protestors

    TEL AVIV, ISRAEL- A dozen Eritrean asylum seekers were wounded by Israeli police gunfire here on Saturday after a demonstration against...

    Clashes began outside a south Tel Aviv venue that was set to host a pro-regime event organized by the Eritrean embassy in Israel.

    Protestors "hurled rocks and wooden planks" at officers, who used riot dispersal means and mounted forces to clear the Eritreans.

  • Nobel Foundation withdraws invitation to Russia, Belarus envoys

    Ukrainian foreign ministry spokesman Oleg Nikolenko wrote on Facebook that the foundation should support efforts to isolate Russia and Belarus...

    In 2022, the Nobel Foundation decided not to invite the Russian and Belarusian ambassadors to the Stockholm award event because of Ukraine war.

    The Swedish foundation however said Thursday it was returning to its previous practice of inviting ambassadors from all countries represented in Sweden.

  • UAE evacuates 34 Emiratis from Florida ahead of approaching Hurricane Idalia

    ABU DHABI -- The United Arab Emirates Embassy in Washington, in coordination with representatives of the UAE's officials mission in...

    Evacuation is being coordinated by the UAE Embassy in Washington with UAE's official mission in the US

    The UAE Embassy advises Emiratis to heed local authority instructions and avoid hurricane-affected areas

  • Iraq-Iran rail link to facilitate travel, tourism and medical treatments

    Iraq's prime minister inaugurated construction work on what is slated to become the first railway line connecting the country to...

    The project had been under discussion for years before an agreement was reached in 2021.

    The Iraqi PM thanked Iran for planned demining operations at the border to clear the way for the train line.

  • Iraqi Trade Center to be launched at ACC’s headquarters in Jordan

    AMMAN, JORDAN - Amman Chamber of Commerce (ACC) and the Iraqi Embassy here agreed to open Iraqi Trade Center at...

    The center's inauguration will allow Jordanian and foreign businesspeople to view investment opportunities offered by the Iraqi government.

    The center will provide Jordanian companies with the opportunity to learn about Iraqi industries and agricultural products.

  • Iran pilgrims among 18 dead in Iraq road accident

    Baghdad, Iraq--A road accident killed 18 people, mostly Iranian pilgrims, north of the Iraqi capital Baghdad overnight, the state news...

    According to state media, the accident between Dujail and Samarra also injured 13 people, citing the toll from director of health services in Salaheddine province

    Every year millions of Shiite pilgrims, many of them from Iran, visit the holy shrine city of Karbala for Arbaeen, one of the world's biggest religious gatherings