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-Oman military exercise ‘Cooperation-3″ gets underway

  • The joint military training exercise, titled, “Cooperation 3,” began in Oman, as part of the cooperation, coordination and exchange of expertise
  • The exercise, which will end on 16th February, 2023, is being held under the framework of joint Gulf Cooperation Council (GCC) action and aims to improve the military capacities

Abu Dhabi, UAE–A joint Oman-UAE military exercise codenamed “Cooperation-3” began in Oman on Monday.

The 11-day drill, which concludes on February 16, 2023, saw the participation of a force from Muscat Regiment, Infantry Bridge (23) of the Royal Army of Oman (RAO), and its support divisions, as well as aircraft from the Royal Air Force of Oman (RAFO) and vessels from the Royal Navy of Oman (RNO).

The joint military training exercise is part of the cooperation, coordination and exchange of expertise between the involving the UAE and the Sultanate.

Also read: UAE, Oman education ministers discuss cooperation in the sector

The exercise, which will end on 16th February, 2023, is being held under the framework of joint Gulf Cooperation Council (GCC) action and aims to improve the military capacities of its participants.

It also underscores the historical ties between the UAE and Oman, which embody the cohesion of the GCC, and aims to capitalise on their expertise, as well as unify concepts in modern military theories and tactics, and enhance the individual and collective skills of its participants.