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.

Qatar emir praises Russia for ‘cooperation’ in preparing World Cup

  • Diplomats say Russia has largely been frozen out of preparations since its February invasion
  • No senior Russian officials are expected in Doha for the World Cup, but top US diplomat Blinken starts a two-day visit on Monday, the state department said

Doha, Qatar— Qatar’s emir on Friday praised Russia’s “cooperation” in preparing the World Cup in a call with President Vladimir Putin while US Secretary of State Anthony Blinken is due in the Gulf state, official statements said.

Russia was barred from international football this year over its invasion of Ukraine and Qatar has criticized Russia’s annexation of Ukrainian territories, but Sheikh Tamim bin Hamad Al-Thani spoke with Putin, whose country organized the 2018 World Cup, two days before the tournament starts.

Diplomats say Russia has largely been frozen out of preparations since its February invasion.

Russia took part in an international security exercise for the World Cup last year.

A statement released by the emir’s office said Putin congratulated Qatar on the World Cup hosting.

It added that the emir thanked Putin for his message, “praising Russia’s cooperation in organizing this global event”.

No senior Russian officials are expected in Doha for the World Cup, but top US diplomat Blinken starts a two-day visit on Monday, the state department said.

Blinken will “recognize Qatar’s important contribution to international sports diplomacy as it hosts the World Cup,” said the US statement.

Blinken will be at the launch of the annual US-Qatar Strategic Dialogue, meeting Deputy Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani and other top officials.

He will also see the US team’s opening match against Wales on Monday.