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 hiring of foreign domestic workers leaps up 15%

  • New contracts for workers in domestic-facing roles exceeded 76,000 in December 2021, compared to 69,000 in November and 65,000 in October
  • Bangladesh topped the list of countries of workers recruited into Saudi Arabia during the month of December with more than 12,000 contracts

Saudi Arabia has recruited more than 75,000 overseas domestic workers in December 2021, a fifteen percent jump in the hiring, according to official figures released by the kingdom.

New contracts for workers in domestic-facing roles exceeded 76,000 in December 2021, compared to 69,000 in November and 65,000 in October.

Bangladesh topped the list of countries of workers recruited into Saudi Arabia during the month of December with more than 12,000 contracts, according to Musaned. Pakistan came second with more than 11,000 contracts, followed by India.

The figures were released by the Musaned platform of the Saudi Ministry of Human Resources and Social Development.

Saudi Arabia is utilizing Musaned platform to add several new countries to the recruitment of workers in the current year 2022, making sure they fit the Saudi family, based on several studies and criteria, including language, education level, expected recruitment costs and others.