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.

Putin meets UAE President Sheikh Mohamed, hails ties

  • "The Emirates are a very good partner," Putin said in televised comments at the start of the meeting, which took place on the sidelines of an economic summit in Saint Petersburg.
  • Putin thanked Al-Nahyan for the role the UAE has played in prisoner exchanges between Russia and Ukraine and Russia and the United States.

Moscow, Russia — President Vladimir Putin hailed Russia’s ties with the United Arab Emirates on Friday as he met the leader of the oil-rich nation, Sheikh Mohamed bin Zayed Al-Nahyan, in Saint Petersburg.

“The Emirates are a very good partner,” Putin said in televised comments at the start of the meeting, which took place on the sidelines of an economic summit in Russia’s second city.

Putin thanked Al-Nahyan for the role the UAE has played in prisoner exchanges between Russia and Ukraine and Russia and the United States.

Al-Nahyan said he was in favor of “de-escalation” and a “political solution” to the Ukraine conflict during the talks, in which the pair discussed their countries’ “strategic partnership”, according to the UAE official news agency WAM.

Russia and UAE have closely cooperated as members of the OPEC+ oil alliance and Dubai is one of the rare world capitals to have maintained direct flights to Moscow following the start of the Ukraine conflict in February 2022.