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.

Google first paying customer for Wikipedia’s commercial venture

  • Google said it had already made deals with hundreds of news outlets across Europe, Agence France-Presse among them.
  • Google has previously given money to Wikipedia through donations and grants.

Google has agreed to pay Wikipedia for content displayed by its search engine, mirroring deals the US tech giant has struck with news outlets in Europe.

The Wikimedia Foundation, the charity that oversees the online encyclopedia, said Google was the first paying customer for its commercial venture Wikimedia Enterprise, which it launched last year.

The Internet Archive, a non-profit that runs a site called the Wayback Machine that saves snapshots of websites and is used to fix Wikipedia links, will be offered the commercial services for free.

“We’re thrilled to be working with them both as our longtime partners,” said Wikimedia’s Lane Becker in a statement on Tuesday.

Wikipedia, one of the world’s most visited websites, is free to use, updated by volunteers and relies on donations to keep afloat.

The new commercial arm will not change that arrangement for individual users, the foundation said.

Google uses material from the site for its “knowledge panel” — a sidebar that accompanies the main search results.

The source of the information is not always shown, a practice that had sparked complaints from Wikimedia.

Google has previously given money to Wikipedia through donations and grants.

“We have long supported the Wikimedia Foundation in pursuit of our shared goals of expanding knowledge and information access for people everywhere,” said Google’s Tim Palmer.

The foundation’s statement did not reveal the value of the Google contract.

French regulators and Google on Tuesday ended a years-long dispute by agreeing a framework for the US firm to pay news outlets for content.

Google said it had already made deals with hundreds of news outlets across Europe, Agence France-Presse among them.