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.

Governors of UAE and Turkey central banks to collaborate in banking sectors

  • The currency swap agreement was signed in January 2022, which promotes the financial, commercial and investment interests of the two countries.
  • Senior officials from both the central banks were present in the meeting which was held in Abu Dhabi.

Governor of the Central Bank of the UAE (CBUAE) Khaled Mohamed Balama discussed cooperation with Sahap Sahap Kavcioglu, Governor of Central Bank of the Republic of Turkey, during a meeting in Abu Dhabi.

The two also discussed ways to develop and strengthen this collaboration in the financial and banking sectors, in light of the currency swap agreement.

The currency swap agreement was signed in January 2022, which promotes the financial, commercial and investment interests of the two countries.

Khaled Balama noted CBUAE is keen to take forward the economic relations between the two countries.

Senior officials from both the central banks were present in the meeting which was held on the sidelines of the official visit of Turkish President to the UAE.