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.

Israel issues new Gaza evacuation orders, many Palestinians flee

  • The attack was claimed by the armed wing of the Palestinian group Islamic Jihad. Israel had already staged air strikes in Rafah on Monday.
  • "Fear and extreme anxiety have gripped people after the evacuation order," said Bani Suhaila resident Ahmad Najjar. "There is a large displacement of residents."

Jerusalem, Undefined — The Israeli army on Monday issued a new evacuation order for parts of Khan Yunis and Rafah in southern Gaza, with witnesses reporting that many were fleeing.

Hundreds of thousands had already left Rafah ahead of and during a ground offensive launched by Israeli troops on the southernmost city since early May.

The warning for Al-Qarara, Bani Suhaila and other towns in the two governorates, made on social media and in an official statement, came hours after Israel said 20 “projectiles” were fired into Israel from the Khan Yunis region.

The attack was claimed by the armed wing of the Palestinian militant group Islamic Jihad. Israel had already staged air strikes in Rafah on Monday.

“Fear and extreme anxiety have gripped people after the evacuation order,” said Bani Suhaila resident Ahmad Najjar. “There is a large displacement of residents.”

Since launching its ground offensive in Gaza on October 27, Israeli forces progressively moved south in the Palestinian territory, seeking to destroy Hamas battalions, though fighting has restarted in the north.

The war began with Hamas’s October 7 attack on southern Israel, which resulted in the deaths of 1,195 people, mostly civilians, according to an AFP tally based on Israeli figures.

The militants also seized 251 hostages, 116 of whom remain in Gaza including 42 the army says are dead.

Israel’s retaliatory offensive has killed at least 37,900 people, also mostly civilians, according to data from the health ministry in Hamas-run Gaza.