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

BYD 2025 revenue surges

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

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

DEWA launches plan for fast approval of electricity connections  

  • The OWNEK initiative will save the contractors and consultants time and effort and speed up the workflow.
  • The initiative includes a series of awareness sessions and detailed videos in Arabic and English.

DUBAI, UAE – Dubai Electricity and Water Authority (DEWA) launched the ‘OWNEK’ awareness initiative to help its accredited contractors and consultants receive approval on the first instance when requesting electricity connections.

This initiative will save the contractors and consultants time and effort and speed up the workflow.

The initiative includes a series of awareness sessions and detailed videos in Arabic and English to explain the instructions and requirements while submitting applications.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “DEWA provides all the necessary capabilities and smart services that help consultants and contractors carry out their work and conduct their transactions with ease, to enhance Dubai’s competitiveness in doing business, and transform Dubai into the smartest and happiest city in the world.”

He said, “We are committed to providing the tools, requirements and instructions to facilitate and accelerate the mechanism for obtaining electricity service. This is in accordance with the best international standards and practices.”

He added, “We are committed to providing a motivational environment to build and consolidate strong and long-term relations with our partners.”

Al Tayer said, “This ensures the prosperity of our business. This also strengthens DEWA’s position, which has become among the most distinguished entities in the world.”