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.

Tunisia intercepts over 14,000 migrants in January to March 2023

  • The figure has risen from 2,532 intercepted in the same period last year, including 1,657 from sub-Saharan Africa.
  • Tunisia has long served as a launchpad for people fleeing conflict in countries as far afield as Cameroon and Sudan.

TUNIS, TUNISIA – Tunisia’s coastguard said Friday it had intercepted over 14,000 migrants trying to reach Europe from January to March, more than five times the number of those who attempted the trip in the first quarter of 2022.

“Coast guard patrols prevent 501 clandestine attempts to cross the maritime border and rescued 14,406 (migrants) including 13,138 from sub-Saharan African countries,” between January 1 and March 31, it said in a statement.

That is up from 2,532 intercepted in the same period last year, including 1,657 from sub-Saharan Africa, National Guard spokesman Houcem Eddine Jebabli told AFP.

“The number is well up, because many more people are trying to leave,” he said.

The vast majority of interceptions took place off the coast of Sfax and Mahdia provinces, whose shores lie just 150 kilometers (90 miles) from the Italian island of Lampedusa.

Tunisia has long served as a launchpad for people fleeing conflict in countries as far afield as Cameroon and Sudan to seek safety in Europe, often on overcrowded and unseaworthy boats.

Dozens of migrants from further south in Africa drowned in a string of incidents in March, after incendiary comments by Tunisian President Kais Saied sparked a wave of evictions and violence against black migrants.

The surge also comes as Italy’s hard right-wing government pressures Tunis to stem the flow.

According to the Italian interior ministry, over 14,000 migrants have landed in Italy since the start of the year, compared to just over 5,300 during the same period last year.

Migration experts have argued that despite European leaders’ rhetoric against people traffickers, intercepting migrants while providing no safe passage for those genuinely needing it simply creates “repeat business” for traffickers.