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.

China offers Kuwait help in developing its ports to boost maritime trade

  • Chinese port official stresses the significance of port facilities in international maritime trade.
  • Kuwait's imports from China were worth $4.94 billion during 2020, according to the UN database on international trade.

China is willing to assist Kuwait to develop its ports given the significance of such facilities in the ##international maritime trade.

This was stated by Shanghai International Port Group chief Gu Jinshan during talks with Kuwait’s Consul General in Shangai Mishal Al-Shamali. The talks focused on plans to bolster bilateral cooperation, local media reports said.

Kuwait stands to gain from China’s “expertise” on port development and management, said the diplomat, citing Shanghai port as among the world’s busiest and most connected, even as global shipments were brought to a standstill during the COVID pandemic.

He praised Shanghai port’s use of “smart technology” to better manage day-to-day operations at the facility, saying that Kuwait looks to benefit from China’s knowledge on the matter.

Kuwait’s imports from China were worth $4.94 billion during 2020, according to the United Nations COMTRADE database on international trade.

Electrical and electronic items formed the bulk of the imports, followed by machinery and boilers.