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Saudi Arabia United Arab Emirates. Special envoy

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.

  • Yemen’s fate hangs in balance as truce collapses

    Special envoy Hans Grundberg pledged "relentless efforts" to reinvigorate the truce, which lapsed on Sunday after bringing a sharp reduction in clashes since it came into force in April.Iran-backed Huthi rebels have been fighting a Saudi-led pro-government coalition since 2015, in a war that has left hundreds of thousands dead...