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.

US to place second aircraft carrier in Mediterranean: White House

  • "We’re sending a loud and clear message: The US is ready to take action should any actor hostile to Israel consider trying to escalate this war," said John Kirby.
  • Tensions flared up again in the Middle East on October 7 when Hamas attacked Israeli territory from the Gaza Strip.

Washington, United States — The second American aircraft carrier, the Dwight Eisenhower, will be placed in the Mediterranean Sea, coordinator for strategic communications at the National Security Council of the White House John Kirby said at a regular briefing for journalists.

“As you also know, the aircraft carrier USS Gerald R. Ford and her strike group are now in the Eastern Mediterranean. They arrived yesterday. They are there for deterrence purposes to make it clear to any would-be actor, organization, group, terrorist network, nation-state — anybody who thinks that, with hostile intent towards Israel — that this is the time to widen and expand the conflict that we will take our national security interests seriously,” he said, according to TASS.

“I would also note that the USS Dwight D. Eisenhower aircraft carrier and her strike group will be departing on a prescheduled — long-scheduled deployment to the European Command area of responsibility. They’ll start that deployment in the coming week or so. They will be going initially across the Atlantic and into the Mediterranean, where they will be available if needed,” he went on.

“I’ve seen some press reporting out there that — that we’ve already made some kind of final decision that a second carrier is going to be placed in the Eastern Med. No operational decisions like that have been made, but she will be heading in that direction, her ships will be with her, and she certainly will be an available asset if needed,” Kirby added.

“We’re sending a loud and clear message: The United States is ready to take action should any actor hostile to Israel consider trying to escalate or widen this war,” he stressed.

Tensions flared up again in the Middle East on October 7 when Hamas attacked Israeli territory from the Gaza Strip.

According to the latest official data, over 1,000 Palestinians have been killed since the renewed outbreak of violence, while over 5,500 have suffered wounds. In Israel, up to 1,500 people have lost their lives and almost 4,000 have been wounded.

Hamas described its operation as a response to the aggressive actions of the Israeli authorities against the Al-Aqsa Mosque in the Old City of Jerusalem. Israel has declared a state of readiness for war and announced a total blockade of the Gaza Strip.