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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.
  • Oman annual inflation inches up to 0.69 percent in June

    Muscat, Oman--Oman annual inflation rate reached 0.69 percent by the end of June 2023, according to the monthly consumer price survey data issued by the Oman's National Center for Statistics and Information.The inflation rate was driven by the increase in most of the main groups that make up the consumer...
  • Tunisia milk market ‘collapsing’ as feed prices soar

    Since October, many shops in Tunisia have restricted milk purchases to two cartons per person as consumers scramble for limited supplies. Another shopper, Leila Chaouali, said she goes out early to get her hands on the white gold. "You do find it sometimes, but only in the morning. By the...
  • Tunisians protest against government as economy deteriorates

    Hundreds of Tunisians, including supporters of the Islamist-inspired Ennahdha party, marched Saturday after opponents of President Kais Saied called for protests over worsening economic crisis. Ennahdha had dominated parliament until Saied grabbed power on July 25, 2021, sacking the government and freezing parliament before appointing a new cabinet and ruling...
  • UN slams ‘aggressive’ marketing by formula-milk makers

    The failure of countries to crack down on the marketing of breast milk substitutes means far too many children are still being reared on formula, the World Health Organization and the UN children's agency Unicef have warned in a new report.
  • Pageants, races drive camel cloning demand

    Cloning is in demand not only for beauty pageants and races but also for reproducing camels that produce large amounts of milk.
  • Saudi Arabia dairy market to grow at 5.66% CAGR

    Valued at $5.72 billion in 2020, the market is expected to expand to $7.94 billion by 2026, said market intelligence firm TechSci Research