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.

Ultraconservative cleric Ebrahim Raisi ahead in partial results from Iran’s presidential election

Raisi is seen as close to the 81-year-old supreme leader, Ayatollah Ali Khamenei, who has ultimate political power in Iran...

New weekly container ship service to connect Cochin, Chennai ports with MENA

  The new service is jointly operated by a global shipping line --Evergreen Line, and feeder operators--Feedertech and Express Feeders...

Richard Leopold is new Bentley Regional Director for UK, Middle East, Africa, India

    Leopold replaces Sarah Simpson who leaves Bentley to join Porsche GB as CEO. The UK, Middle East, Africa...

UAE engages onshore, offshore financial institutions to combat money laundering, terrorist financing

Top financial authorities in the UAE brought together public and private firms to help firm up the country’s anti-money-laundering policies...

To give fillip to key sectors, UAE Central Bank doles out $12 billion in credit in 2020

  The credit is intended to give a boost to sectors critical to the overall economy of the United Arab...

RAW Coffee, the UAE-owned brand, comes to Saudi Arabia to tap into demand for beverage

RAW is not the first UAE-based coffee brand to announce expansion plans in the Kingdom this year Emirati Coffee in...

Two Saudi entrepreneurs have a diet plan to fight off obesity in the kingdom

  The rate of obesity in the kingdom totals 35.6 percent in 2020 The duo offer customized diet plan to...

Proserv buys Dron Dickson Abu Dhabi business

Entire DDEC business and inventory will be fully integrated and absorbed into Proserv’s Middle East-based service operation Proserv has multiple...

Morocco aims to be a major green hydrogen producer in the region

  Morocco to transition to renewable source of energy The country will team up with the Abu Dhabi-based International Renewable...

Easing of restrictions triggers strong rebound in Middle East economies: ICAEW

  ICAEW-commissioned report finds business confidence in the region has strengthened Higher oil revenues give Middle East governments more scope...

ADNOC Drilling to expand fleet

The company aims to reach 142 operational rigs this year.

Company News

Latest News

Phoenix set for IPO on ADX

It is the first crypto entity to be listed on a Middle East bourse.

UAE allots US$200m to boost growth in low-income countries

Marrakech, Morocco-- The UAE has allotted $200 million to the Poverty Reduction and Growth Trust (PRGT) to expand concessional financing...

Kuwait Fund and Central American Bank sign MoU

Marrakesh, Morocco-- Kuwait Fund for Arab Economic Development (KFAED) and the Central American Bank for Economic Integration (CABEI) have signed...

Most Read

GCC keen to address economic problems: Albudaiwi

Marrakesh, Morocco-- The Gulf Cooperation Council (GCC) attaches great importance to finding solutions to economic problems such as the eradication...
  • He made the remarks while taking part in the annual meetings of the World Bank and the IMF in the city of Marrakesh, Morocco
  • The GCC chief underscored the collective responsibility in eliminating poverty by supporting developing and impoverished nations

Red Sea Global launches Saudi’s first seaplane company

TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
  • Fly Red Sea aims to transport guests to various resorts scattered among the islands of Red Sea Destination.
  • These resorts include St. Regis Red Sea Resort and Nujuma, Ritz Carlton Reserve, which would be inaugurated later in 2023

Edge signs deal with Saha Istanbul

It will deepen cooperation between the UAE and Turkey.
  • The event being held at the Ankara Congress Centre will also facilitate several introductory and exploratory meetings between Edge and Turkish companies
  • Chairman of Edge said that the alliance with Saha Istanbul and its member firms will enable Edge to tap into Turkey's rich ecosystem and robust supply chain