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.

Gulf countries seek to procure India’s BrahMos missile

  • Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages
  • The discussions with Saudi Arabia which got delayed due to Covid19 pandemic, too are reported to be in advanced stages

Gulf Countries are in the process of finalizing deals with the Indian government to purchase the country’s first indigenous supersonic cruise missile, BrahMos, according to a media report in India.

Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages. The UAE is said to be the first country in the region to express interest in buying the missile and has also exhibited interest in the indigenous Akaash missile.

The discussions with Saudi Arabia, too are reported to be in advanced stages.  The talks which got delayed due to COVID-19 pandemic are now back on track, a source told India’s business publication Financial Express. 

The BrahMos Missiles is developed by BrahMos Aerospace Private Ltd– a joint venture between India and Russia. Saudi Arabia and the UAE have sought to procure the BrahMos-NG air variant. This variant is expected to have a 300 kms range and is in various stages of development.

Egypt is also among the countries which are reported to have expressed interest in this Indo-Russia missile.