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.

EU asks for restraint as Gaza violence escalates

  • Israel hit Gaza with deadly air strikes on Saturday and a Palestinian militant group retaliated with a barrage of rocket fire
  • Israel has said it was forced to launch a "pre-emptive" operation, insisting the Palestinian group was planning an imminent attack

The European Union on Saturday called for maximum restraint in the Gaza Strip’s worst escalation of violence since a war last year.

“The European Union follows with great concern the latest developments in and around Gaza,” a spokesman for EU’s foreign policy chief Josep Borrell said in a statement.

“The EU calls for maximum restraint on all sides in order to avoid a further escalation and further casualties,” he said.

“While Israel has the right to protect its civilian population, everything must be done to prevent a broader conflict, which would, first and foremost, affect the civilian populations on both sides and result in further casualties and more suffering.”

Israel hit Gaza with deadly air strikes on Saturday and a Palestinian group retaliated with a barrage of rocket fire.

Israel has said it was forced to launch a “pre-emptive” operation, insisting the Palestinian group was planning an imminent attack following days of tensions along the Gaza border.

An 11-day conflict in May 2021 between Israel and Gaza militants devastated the densely-populated Gaza Strip and forced countless Israelis to rush to bomb shelters.