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.

Israel to start direct flights to Egypt’s Sharm el-Sheikh in April

  • The new air link had been discussed in September between Israeli PM Naftali Bennet and Egyptian President Abdel Fattah al-Sisi during Bennet's visit to Egypt last year.
  • Bennett said Israel was "opening up to the countries of the region and the basis for this longstanding recognition is the peace between Israel and Egypt".

Israel is to launch direct flights to Sharm el-Sheikh on Egypt’s Red Sea coast next month, in an expansion of air links between the two countries, officials said Wednesday.

“The route from Ben Gurion International Airport to Sharm el-Sheikh will open soon. Flights are expected to begin during the intermediate days of Passover next month,” a statement from the Israeli prime minister’s office said.

Prime Minister Naftali Bennett said: “This agreement will bring Israel and Egypt closer together.”

The statement said the new air link had been discussed in September talks between Bennett and President Abdel Fattah al-Sisi on the first visit to Egypt by an Israeli premier in a decade.

It was finalized during a visit by a delegation from Israel’s Shin Bet domestic security agency over the past few days.

Bennett said Israel was “opening up to the countries of the region and the basis for this longstanding recognition is the peace between Israel and Egypt”.

Direct flights already link Cairo with Ben Gurion airport, near Tel Aviv.

Until 2020, Egypt and Jordan were the only Arab governments to have normalized relations with Israel.

That year, they were joined by Bahrain, Morocco and the United Arab Emirates, which all now operate direct flights to the Jewish state.

The normalization agreements, brokered by the administration of then US president Donald Trump, broke with decades of Arab consensus and were condemned as “treason” by the Palestinians.