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.

Opposition wins majority in Kuwait Parliament elections

  • Shiite candidates won nine seats, while Salafists, Muslim Brotherhood members and independents -- took eight
  • Two candidates won from prison, a first for Kuwait, after they were charged with participating in illegal by-elections
Kuwait City, Kuwait– Women returned to Kuwait’s national assembly on Thursday as the opposition won a majority in the Gulf’s only fully elected parliament, which held its sixth election in a decade.Twenty-eight of the 50 seats were won by opposition candidates as 20 former MPs were ousted, including three former ministers.

Kuwait, which borders Iraq, Saudi Arabia and Iran and is one of the world’s biggest oil exporters, has held 18 elections since the parliamentary system was adopted in 1962, reflecting its frequent political crises.

Victories for former minister Jenan Bushehri and Alia al-Khaled ensured a female presence in parliament after an all-male assembly was elected in 2020. Kuwait has never had more than four women MPs.

Two candidates won from prison, a first for Kuwait, after they were charged with participating in illegal by-elections.

Hamid Mehri al-Badhali and Marzouq al-Khalifa were eligible to stand for election because their case does not affect honesty or honor, as per Kuwaiti law.

Shiite candidates won nine seats, while Salafists, Muslim Brotherhood members and independents — took eight.

Ahmed Saadoun, the 87-year-old former speaker, returns to parliament after a decade-long boycott, having attracted more than 12,000 votes.

Several opposition groups ended their boycott of the polls after Crown Prince Sheikh Meshal al-Ahmad al-Jaber Al-Sabah vowed there would be no interference by authorities in the election or the new parliament.

Many opposition figures have stayed out of elections over the past 10 years, accusing executive authorities of meddling in the workings of parliament.