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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%.

Dubai imposes tariff on single-use plastic bags to limit their use

  • The policy will be evaluated over several stages until the single-use bags are completely banned within two years.
  • The emirate will charge a tariff of 25 fils per bag from 1 July 2022.

Dubai has approved a policy to limit single-use plastic bags by imposing a tariff of 25 fils on such bags from 1 July 2022.

The tariff will be implemented in all stores across Dubai including, but not limited to, retail stores, textile and electronic stores, restaurants, pharmacies, online and e-commerce deliveries.

The government said the policy will be evaluated over several stages until single-use carrier bags are completely banned within two years, following the assessment of behavioral changes in the community.

The introduction of the policy to limit and ultimately ban single-use bags is aimed at strengthening Dubai’s sustainability objectives in line with global best practices for reducing the consumption of single-use bags.

The tariff on single-use bags is currently in effect in over 30 countries, and a partial or complete ban has been implemented in more than 90 countries globally, reflecting the magnitude of international efforts to reduce the consumption of single-use bags.