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.

UAE, Brazil discuss cooperation in space field

  • The two countries discussed various possible areas for cooperation in the space sector
  • Brazil also thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai

The UAE and Brazil have discussed cooperation in the field of space exploration, said local reports on Sunday, September 5.

The reports said the UAE’s Ambassador to Brazil, Saleh Ahmed Al Suwaidi, discussed the ties with Brazilian space agency AEB’s President Carlos Moura.

They also reportedly discussed the participation of the Brazilian space sector in Expo 2020 Dubai.

During the meeting, Al Suwaidi reportedly pointed out that there are various possible areas for cooperation between the UAE and Brazil in the space sector.

He stressed that the UAE has made advanced strides in this field, most notably sending the Hope Probe to Mars and being among the first countries to sign the Artemis Accords, which aims to enhance space cooperation globally.

For his part, Moura reportedly thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai, stressing his country’s participation in several activities in the Space Week.

He also expressed his aspiration to hold many meetings aimed at strengthening the strategic partnership between the two countries in this vital sector.