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

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

DEWA awards pipeline contract

  • The contract is part of the pumped-storage hydroelectric power plant that DEWA is currently constructing in Hatta, a first of its kind in the GCC
  • The CEO of DEWA said the project supports the plan to develop Hatta and address its social, economic and environmental requirements

Dubai, UAE–Dubai Electricity and Water Authority (DEWA) has awarded an $3 million contract for a project to lay a 562 metre Glass-Reinforced Epoxy (GRE) water pipeline with 1,500-millimetre diameter in Hatta.

This project includes constructing a jet valve chamber to extend the lower outlet valve of Hatta Dam to the Wadi area. This project is part of the pumped-storage hydroelectric power plant that DEWA is currently constructing in Hatta, which is the first station of its kind in the GCC region.

Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that this project supports the comprehensive plan to develop Hatta and address its social, economic, developmental and environmental requirements. DEWA is developing a world-class infrastructure for electricity and water to keep pace with the growing demand in Dubai and provide its services according to the highest standards of availability, reliability, efficiency, and quality.

It applies the best global practices in all its projects and leverages the latest technologies in the generation, transmission, distribution and management of electricity and water networks, to raise production and operational efficiency.

DEWA also employs cutting-edge technologies in the installation of pipes and their accessories according to the highest international standards to increase the lifespan of its assets and reduce operational costs.