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

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

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.

Saudi Arabia’s Al-Ettifaq hires former Liverpool star Steven Gerrard as coach

  • Gerrard who was sacked by Aston Villa in October had initially rejected an offer to move to the kingdom, but eventually was lured by the riches on offer
  • The Saudi Pro League supported by the kingdom's sovereign wealth fund has lured big names from the major European leagues with the promise of huge salaries

Riyadh, Saudi Arabia–Former Liverpool captain Steven Gerrard is the latest star name to make the move to Saudi Arabia after signing a deal to become head coach of Al-Ettifaq.

The 43-year-old has been out of the game since being sacked by Aston Villa in October.

Gerrard had previously said he had turned down an offer to head to the Gulf state, but has now been lured by the riches on offer.

“Where legends are found. We’re thrilled to announce Steven Gerrard is our new head coach,” the club said in a post on Twitter.

Al-Ettifaq finished seventh out of 16 clubs in the Saudi Pro League last season.

Backed by the nation’s sovereign wealth fund, the Saudi Pro League is luring big names from the major European leagues with the promise of huge salaries.

Croatian World Cup player Marcelo Brozovic has also switched to Saudi Arabia, his new club Al Nassr announced on Monday.

The 30-year-old midfielder captained Inter Milan as they lost the Champions League final to Manchester City in June. He has played 87 times for Croatia.

Cristiano Ronaldo’s move to Al Nassr in January started the trend.

His former Real Madrid teammate Karim Benzema and French World Cup winner N’Golo Kante of Chelsea have recently joined Al-Ittihad.

Former Tottenham manager Nuno Espirito Santo and ex-Benfica Jorge Jesus are among the coaches to head to Saudi.

Since retiring from a glittering playing career, Gerrard did have success during his spell in charge of Scottish giants Rangers, where he won the club’s only league title in the past 12 years in 2020/21.