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.

12 universities attend 2nd Solar Decathlon Middle East inaugurated by DEWA

  • Eight teams from these varsities to design, build and operate solar-powered homes.
  • The teams compete in 10 contests such as architecture, engineering and building, energy management and energy efficiency.

Dubai Electricity and Water Authority (DEWA) has inaugurated the 2nd Solar Decathlon Middle East (SDME) in which eight teams from 12 universities across the world are participating to design, build and operate smart and sustainable solar-powered homes that are suited to the region’s climate.

DEWA has organized the competition as part of the partnership between the Supreme Council of Energy and DEWA with the US Department of Energy.

SDME encourages the university teams to design, build, and operate sustainable models of cost-effective and energy-efficient solar-powered homes, with a focus on protecting the environment, taking into consideration the climate of the region.

The teams compete in 10 contests: architecture; engineering and building; energy management; energy efficiency; comfort conditions; house functioning; sustainable transport; sustainability; communications, and innovation.

Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD&CEO of Dubai Electricity and Water Authority (DEWA), who inaugurated the event, said, “The UAE has become a destination for innovators and creative minds from all over the world. Organising the first and second Solar Decathlon Middle East in Dubai supports the vision to attract skilled and talented young people.”

HE said DEWA supports these efforts through major renewable and clean energy projects, most notably, the Mohammed bin Rashid Al Maktoum Solar Park, which is the largest single-site solar power park in the world, with a planned capacity of 5,000 megawatts (MW) by 2030.