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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.

Saudi forces shoot down Houthi armed drone

    • OIC condemns the militia’s unending attacks as terrorism

    • Iran accused of providing rockets and missiles to Houthis

    Saudi air defenses shot down a Houthi drone close to the kingdom’s border in the southern city of Khamis Mushait, according to the Arab Coalition command.

    In a statement released on Saturday, the command said the booby-trapped unmanned aerial vehicle (UAV) was shot down over Yemeni air space just south of the Saudi border.

    The attack, according to the statement, was just the latest of the Iran-backed militia’s war crimes. On Friday, the Organization of Islamic Cooperation (OIC) condemned once again the militia’s unending attacks against the civilian populations and civilian facilities as a case of terrorism.

    OIC Secretary-General Yousef bin Ahmed Al-Othaimeen said blood is on the hands also of those who stand behind the Houthis and provide them with money and weapons.

    Iran has been accused by the Arab Coalition and Western nations of providing rockets and missiles that the Houthis are using against civilians in Yemen and Saudi Arabia.