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

Search Site

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

US lawmakers release $1.7 trillion spending bill to avert shutdown

  • The bill includes $858 billion in defense funding and will also provide $44.9 billion in emergency assistance for Ukraine.
  • It also includes $772.5 billion for non-defense discretionary programs, including $118.7 billion for Veterans Affairs medical care.

WASHINGTON, UNITED STATES – US lawmakers early Tuesday released the text of a US$1.7 trillion funding bill which Congress hopes to pass within days to avert a government shutdown.

The bill includes $858 billion in defense funding and will also provide $44.9 billion in emergency assistance for Ukraine.

It also includes $772.5 billion for non-defense discretionary programs, including $118.7 billion for Veterans Affairs medical care, a 22 percent increase, and provides $40.6 billion to help US communities hit by recent natural disasters such as hurricanes and floods.

“The pain of inflation on American families is real, and it is being felt right now across the federal government,” Senate Appropriations Chairman Patrick Leahy said in a statement announcing the release of the text of the appropriations bill.

“From funding for nutrition programs and housing assistance, to home energy costs and college affordability, our bipartisan, bicameral, omnibus appropriations bill directly invests in providing relief from the burden of inflation on the American people.”

The Senate and House Appropriations Committees released the text of the bill, which runs to 4,155 pages and covers spending through the end of fiscal 2023.

Congress last week adopted a short-term budget bill to avert a shutdown of federal services and give the Democratic and Republican parties a little more time to reach a compromise ahead of the December 23 deadline.

“The choice is clear. We can either do our jobs and fund the government, or we can abandon our responsibilities without a real path forward,” Leahy said.

“Passing this bipartisan, bicameral, omnibus appropriations bill is undoubtedly in the interest of the American people. It is the product of months of hard work and compromise,” the Democratic Vermont senator said.

“The House and the Senate should take up this bill and pass it without delay.”