This is a temporary backup site for TRENDS MENA while our primary website is being restored following a regional disruption affecting AWS cloud infrastructure in the GCC.

Search Site

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.

Gaza a death zone, its humanitarian situation inhumane: WHO chief

  • "What type of world do we live in when hospitals must close because there is no more power or medicines to help save patients, and they are being targeted by military forces?"
  • "We need a ceasefire now. We need hostages to be released. We need the bombs to stop dropping and we need unfettered humanitarian access. Humanity must prevail," Tedros said.

Geneva, Switzerland — The humanitarian situation in the Gaza Strip is inhumane, the head of the World Health Organization said Wednesday, calling the Palestinian territory a “death zone”.

WHO chief Tedros Adhanom Ghebreyesus called for a ceasefire between Israel and Hamas and demanded unhindered access for international aid.

“The health and humanitarian situation in Gaza is inhumane and continues to deteriorate,” Tedros told a media briefing.

“Gaza has become a death zone. Much of the territory has been destroyed,” he added.

“What type of world do we live in when people cannot get food and water, or where people who cannot even walk are not able to receive care?

“What type of world do we live in when health workers are at risk of being bombed as they carry out their life-saving work?

“What type of world do we live in when hospitals must close because there is no more power or medicines to help save patients, and they are being targeted by military forces?”

Israel’s campaign in Gaza has killed at least 29,313 people, mostly women and children, according to the latest count by the territory’s health ministry.

“We need a ceasefire now. We need hostages to be released. We need the bombs to stop dropping and we need unfettered humanitarian access. Humanity must prevail,” Tedros said.

Heavy fighting again rocked Gaza on Wednesday as aid agencies warned of looming famine and new talks were held in Cairo aimed at obtaining an Israel-Hamas ceasefire and hostage release deal.

“Severe malnutrition has shot up dramatically since the war started, from under one percent to more than 15 percent in some areas, putting more lives at risk,” Tedros said.

“This figure will rise the longer the war goes on and supplies are interrupted. We note with apprehension that the World Food Programme cannot get into northern Gaza with supplies.”