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.

UAE president and UN chief discuss ‘collective action’ to address climate challenges

  • The UN chief applauded the initiative of UAE president in establishing a US$30 billion fund for global climate solutions
  • They also talked on cooperation between the UAE and UN agencies, particularly in supporting world peace and climate action

Dubai, UAE— UAE President Sheikh Mohamed bin Zayed and UN Secretary General António Guterres discussed the importance of the conference in enhancing international collective action to address climate challenges in a manner that serves humanity and future generations.

The meeting between the two took place at the ongoing UN Climate Change Conference (COP28) in Expo City Dubai.

The UN Secretary-General commended the initiative by His Highness Sheikh Mohamed bin Zayed Al Nahyan in establishing a US$30 billion fund for global climate solutions to bridge the climate financing gap and facilitate affordable access.

The meeting also addressed cooperation between the UAE and UN agencies, particularly in supporting world peace, climate action, and sustainable development, as well as humanitarian work regionally and internationally.

Additionally, both sides reviewed a number of regional and international issues of mutual interest, with particular emphasis on developments in the Occupied Palestinian Territory.

They underscored the need for international action to reach a ceasefire in the Gaza Strip, protect civilians, prevent their forced displacement, and ensure the safe, sustained, and at-scale delivery of humanitarian aid.

Furthermore, efforts to prevent the escalation of regional conflict and work towards peace based on the two-state solution were discussed as essential for achieving regional stability, creating an environment conducive to enhanced cooperation in the Middle East, and fostering the development and prosperity of its peoples.