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.

Flydubai posts 114% jump in passenger bookings in Q1

  • The airline said it has operated 19,000 flights and carried 2.35 million passengers during the period
  • It also witnessed an increase in demand for connecting traffic with 43 percent of the passengers connecting to the carrier’s network

Flydubai has reported a 114 percent jump in passenger bookings in the first quarter of the year.

The airline said it has operated 19,000 flights and carried 2.35 million passengers during the period.

Moreover, the airline also witnessed an increase in demand for connecting traffic with 43 percent of the passengers connecting to the carrier’s network compared to 28 percent for the same period last year.

The statement added that the airline has grown its network to more than 100 destinations exceeding pre-pandemic levels.

“We have continued our growth in 2022 capitalizing on the tremendous results we reported for 2021. We have seen the number of passengers carried in the first quarter of this year more than double compared to the previous couple of years as we welcomed the world during Expo Dubai 2020, connected underserved markets to Dubai and added more frequencies around the network,” said Ghaith Al-Ghaith, CEO of flydubai.

The statement also said new aircraft deliveries will support flydubai’s growing network and operations in 2022.