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.

Oil tanker blows up in fire on Makkah-Jeddah expressway

  • A video posted to the Makkah region’s official Twitter account showed cars driving by a raging fire stretching across the central divide of the highway
  • Civil Defense teams at the site eventually managed to control the fire, authorities announce soon after 2 a.m. on Tuesday

A speeding car rammed into an oil tanker, causing the tanker to explode into a ball of fire on the Makkah-Jeddah expressway. At least ten more vehicles also caught fire, but miraculously there were no fatalities or burn injuries, according to the local authorities.

A video posted to the Makkah region’s official Twitter account showed cars driving by a raging fire stretching across the central divide of the highway. Shortly after, vehicles were diverted away from the scene.

Civil Defense teams at the site eventually managed to control the fire, authorities announce soon after 2 a.m. on Tuesday.

The highway, also known as the Haramain Expressway, is the key route into the holy city of Makkah from the west.