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Mediterranean

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 plan for Gaza aid transfer through sea dismissed by UN expert

    In his annual State of the Union address to Congress, President Joe Biden said the US military would "lead an emergency mission to establish a temporary pier in the Mediterranean on the coast of Gaza that can receive large shipments carrying food, water medicine and temporary shelters."
  • Tunisia sees significant tourist influx despite rising Covid-19 cases

    Tourists are flocking to Tunisia despite the country seeing its biggest surge in the number of Covid-19 cases and deaths
  • Egypt opens strategic Mediterranean naval base

    Sisi and his guests witnessed military maneuvers involving several vessels, attack helicopters and fighter jets State-run newspaper Akhbar Al-Youm reported that the new Egyptian base includes an airstrip and a 1,000-metre long pier   Egyptian President Abdel Fattah al-Sisi on Saturday opened a strategic naval base on the Mediterranean Sea...
  • Tunisia ‘trailblazer’ in Mediterranean seaweed farming

    Red seaweed or algae is used for gelling, thickening and texturing agents FAO aquaculture expert Hamza said seaweed farming presented important opportunities for Tunisia Wading knee-deep in the calm waters of a lagoon, workers in northern Tunisia harvest red seaweed, in a nation dubbed a Mediterranean "trailblazer" in cultivating the...