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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.
  • UN votes symbolically in favor of Palestinian membership

    "I have stood hundreds of times before at this podium, but never for a more significant vote than the one about to take place, an historic one," Palestinian ambassador to the UN Riyad Mansour said before the vote, his voice full of emotion. He added, "The day will come where...
  • Israel PM spurns global recognition of a Palestinian state

    In a post in Hebrew on social media platform X, Israel's Prime Minister Benjamin Netanyahu said that the Jewish country will continue to oppose unilateral recognition of a Palestinian state. Such recognition, in his opinion, would offer an "enormous reward to unprecedented terrorism.
  • Egypt’s president calls for recognition of Palestinian state

    Speaking at a joint press conference with with the prime ministers of Spain and Belgium in Cairo, Sisi said revival of the process to end the Israel-Palestinian conflict "may not be what is required". Instead he called for a different approach, recognizing the Palestinian state by the international community and...
  • Palestinian state best guarantee of Israel security: EU’s Borrell

    The European Union's top diplomat Josep Borrell drew this conclusion from his discussions with a range of leaders on his tour of the Middle East. He maintained that Israel should not occupy Gaza after the current conflict ends and that the Palestinian Authority should control the besieged enclave.
  • Morocco claims Israel recognizes its sovereignty over Western Sahara

    Dubai, UAE--Morocco said that Israel has recognized its sovereignty over the disputed territory of Western Sahara and is mulling opening a consulate there, according to media reports.A statement from Morocco's Royal Palace said Israel's position was expressed in a letter to King Mohammed VI from Israeli Prime Minister, Benjamin Netanyahu.The...
  • Macron adjourns Germany visit over riots in France

    President Emmanuel Macron informed Berlin he was postponing a state visit to deal with the urban rioting that has rocked France for the last four nights, as the 17-year-old whose killing by police sparked the protests was laid to rest. Police arrested 1,311 people overnight, the highest figure since the...
  • Libya tells foreign energy firms it’s safe to return

    TRIPOLI, LIBYA - Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday assuring them security had begun to improve dramatically after clashes earlier this year. Rival administrations in east and west have vied for power since March, in a standoff that has...
  • Brewed in Palestine, Taybeh beer comes to the UAE

    The beer will not offend religious sensibilities in UAE as it is aimed at foreigners and also because it produces a variant that doesn't contain alcohol, says owner Nadim Khoury. 
  • US Department of State releases 2022 Investment Climate Statements

    The US Department of State released on Thursday the 2022 Investment Climate Statements, which help US companies make informed business decisions by providing up-to-date information on the investment climates of more than 160 countries and economies that are current or potential markets for American companies. The Investment Climate Statements also...
  • Morocco state schools fail students, deepen inequality

    The High Council for Education has said that government schools "are not giving the majority of pupils basic skills or a fundamental education".
  • Kuwait to push for more private sector jobs in order to reduce state wage bill

    Kuwait will nudge job seekers in the country toward the private sector in order to reduce state wage bill. The country’s cabinet has asked its Manpower Authority to get another 100,000 citizens working in the private sector in the next four years.
  • Saudi Arabia gets a pat on the back from US

    Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State Department. In its recently published annual Investment Climate Statements on more than 170 countries, the US State Department highlighted the achievements made by Saudi Arabia.
  • Blinken arrives in Kuwait to deepen security ties

    US Secretary of State Antony Blinken arrived in Kuwait to hold discussions to boost military cooperation, regional security and investment between the two countries.