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Ukraine invasion

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.
  • No arrest risk for Putin at Brazil G20: Lula

    Russian president Vladimir Putin has skipped recent international gatherings and sent his Foreign Minister Sergei Lavrov to New Delhi instead. Brazil is an ICC signatory but Lula, speaking to Indian news network Firstpost on Saturday, said Putin would be invited to next year's event, to be hosted by Brazil.
  • Russia sending nuclear arms to Belarus, ratcheting up tensions with the West

    "The transfer of nuclear munitions has begun," Lukashenko told reporters during a visit to Moscow to meet with President Vladimir Putin. In Washington, White House Press Secretary Karine Jean-Pierre called Russia's move "yet another example of making irresponsible and provocative choices".
  • Morocco reaps windfall from fertiliser supply shock

    Morocco is set to chalk up record revenues for a second year running as farmers worldwide scramble for phosphate, made scarce by sanctions against top world producer Russia and a Chinese ban on exports.
  • US warns Russia of ‘castastrophic’ consequences of nuclear strike

    Russia and the United States are the world's largest nuclear weapons powers, but separate from the threats of planetary destruction, Russian military doctrine permits the use of tactical nuclear weapons on the battlefield to force an enemy to retreat. Russian Foreign Minister Sergei Lavrov, asked during a news conference Saturday...
  • Muslims face frugal Ramadan as Ukraine war drives up food prices

    Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish...