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

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.

DP World 2025 revenue $24.4bn

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

The UAE President swears in 3 new ministers

  • President Sheikh Mohamed extended his best wishes to the ministers for success in their new roles
  • Sheikh Mohammed bin Rashid said that the UAE leadership places great importance on enriching the government's workforce

Abu Dhabi, UAE – The UAE President Sheikh Mohamed bin Zayed Al Nahyan swore in three newly appointed ministers on Thursday at Qasr Al Bahr here.

The ceremony was attended by Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum, and Vice President, Deputy Prime Minister and Chairman of the Presidential Court. Sheikh Mansour bin Zayed Al Nahyan.

The ministers taking the oath of office were Dr Amna bint Abdullah Al Dahak Al Shamsi who was appointed as Minister of Environment and a member of the UAE Cabinet; Mohamed Mubarak Fadhel Al Mazrouei, the new Minister of State for Defense Affairs and member of the UAE Cabinet; and Dr Sultan Saif Al Neyadi, the new Minister of State for Youth Affairs.

President Sheikh Mohamed extended his best wishes to the ministers for success in their new roles. He stressed the need “to align their efforts with the aspirations of the nation’s citizens and commended prior ministers for their faithful and diligent service over the years.”

Sheikh Mohammed bin Rashid said that the UAE leadership places great importance on enriching the government’s workforce with unique talents and competencies that contribute to enhancing the performance of all governmental entities.

He added: “The process of development and modernization within federal entities ensures the government’s ability to embrace change.”