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

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.

DEWA, Huawei ink deal to bolster digital change, decarbonization

  • An agreement was signed between Digital DEWA and Huawei which focuses on accelerating digital transformation.
  • The deal is a step towards supporting supports DEWA's efforts in energy transformation, sustainability, and achieving Net-Zero.

Guangdong, China – A DEWA delegation led by Al Tayer, MD and CEO DEWA, discussed enhancing cooperation and exchanging experiences in energy storage, smart grids, digital transformation, cloud computing, and electric vehicle charging station with Huawei in China.

Digital DEWA and Huawei signed an MoU which focuses on accelerating digital transformation, decarbonization, and developing a future-oriented power communication network.

This supports DEWA’s efforts in energy transformation, sustainability, and achieving Net-Zero.

Marwan bin Haidar, Vice Chairman and Group CEO of Digital DEWA, and Jerry Liu, General Manager of Huawei Technologies UAE L.L.C, signed the deal.

Al Tayer said that the partnership resulted in exchanging the best international solutions, experiences and practices, especially in innovation, disruptive technologies, smart grids, digital transformation, automation, cloud platforms, Artificial Intelligence, data security, and big data management.

During the visit, Al Tayer met with Guo Ping, Chairman of the Huawei Supervisory Board, and discussed the successful launch of the first phase of the world’s largest green data center, recognized by the Guinness World Records.

Furthermore, Al Tayer met with Sun Fuyou, CEO of Huawei Electric Power Digitalization Business Unit, highlighting DEWA’s smart grid strategy.

They also discussed the latest developments in digital transformation in power networks.

The delegation visited the Edison Exhibition Hall, where they were briefed on Huawei Digital Power’s latest products.

They also visited Huawei Enterprise Digital Transformation Exhibition Hall; Huawei Digital Power Antuoshan Base; and Huawei Flagship Store in Shenzhen, Bantian, where they were briefed on smart vehicle auto driving.