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%.

RTA eyes futuristic suspended transport network in Dubai

    • The use of this type of transport in Dubai is aimed at accelerating the mobility of people

    • Using suspended transport network will also help curb traffic congestion

    Dubai may soon have a suspended transport network, with its Roads and Transport Authority signing a Memorandum of Understanding with China-based Zhong Tang Sky Railway to explore the opportunity, said local reports on Monday, June 7.

    The reports quoted an RTA statement as saying that the agreement is part of Dubai’s efforts to develop a futuristic transport network.

    The use of this type of transport in Dubai is aimed at accelerating the mobility of people, providing affordable mobility solutions, besides encouraging the community members to use them and help curb traffic congestion, the statement added.

    The signing ceremony was attended by top officials including Jaber Al Bahandi, chairman of Centurion Company — the UAE representative of Zhong Tang Sky Railway Group — and Tariq Al Bahandi, head of Development at Centurion.

    “Realizing this objective requires developing advanced futuristic transport systems and improving the sustainable transport network in Dubai to encourage people and visitors to use public transport,” said Rail Agency CEO Abdul Mohsen Ibrahim Younes.

    According to him, the RTA is aligning its efforts with the national agenda to nurture a sustainable environment in terms of air quality and reliance on clean energy.

    “We are signing MoUs with a host of specialist companies in the development of suspended transport systems to identify the technologies used in this sort of mass transit means. We will be able to screen and obtain the best technologies and select the best systems for implementation in Dubai,” he said, according to the local reports.