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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.

Apple to allow applications to be downloaded outside app store

  • Developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple
  • The Digital Markets Act requires technology companies to open their services and platforms to other companies and developers

Washington, United States – The American company Apple intends to provide the possibility of downloading applications from outside its official App Store in line with the new laws established by the European Union (EU), and will begin during the first half of 2024.

The company’s customers will not have to rely entirely on the App Store to obtain applications and games, and developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple, ranging between 15 and 30 percent for each purchase or subscription within the store.

Some code was detected in the iOS 17.2 update that Apple is currently working on, indicating the Sideloading feature from outside its official store.

The Digital Markets Act (DMA), which entered into force in EU countries in November 2022, requires technology companies to open their services and platforms to other companies and developers.

It is expected that this law will have a significant impact on Apples platforms and services and may lead to Apple making major changes to the App Store, Messages, Siri, FaceTime, and others, noting that these changes are expected to be applied on a global scale, not only within the EU countries.