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

VideosInforgraphics
Sign inSubscribe

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.

  • Latest technologies glamorize Gulf cosmetic industry

    The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the...

    The UAE leads the region with adoption of developed regulations as technologies such as AI and VR have revolutionized the diagnostics and treatments in the aesthetic sector

    The global market for AI in beauty and cosmetics is expected to grow from its 2021 value of US$ 2.7 billion to a whopping US$ 13.34 billion by 2030, a healthy CAGR of 19.7%

  • Aldar acquires Spark Security

    Spark Security Services employs over 5,000 security professionals.

    Aldar said the all-cash $34m acquisition strengthens its property and integrated facilities management platform to deliver a broader offering to customers.

    Spark serves major organisations operating in a wide range of sectors, including infrastructure, banking, healthcare and hospitality.

  • G7 to ‘urgently’ implement Russian oil price cap

    G7 industrialized powers vowed Friday to "urgently" move towards implementing a price cap on Russian oil imports in a bid...

    Households in Europe have borne the brunt of rising energy prices, with governments under pressure to alleviate the pain of the resulting high inflation.

    Moscow would "simply not supply oil and petroleum products to companies or states that impose restrictions".

  • Jordan PM refers to shared views in meeting with Kuwaiti minister

    Prime Minister of Jordan Dr. Bisher Khasawneh met Kuwaiti Minister of Information and Culture Abdul Rahman Al-Mutairi, who is in...

    The Jordanian PM reiterated to the Kuwaiti minister the two countries’ shared views on Arab, regional and international issues.

    The Kuwaiti Minister is in Jordan to attend the 21st Amman International Book Fair.

  • DEWA’s R&D Center registers patent for robotic carrier

    Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly...

    DEWA's robotic carrier can transport glass panels or sensitive materials that require close care.

    The robotic carrier can lift solar photovoltaic panels easily from any surface.

  • Dubai records weeklong real estate transactions worth $2 billion

    Dubai, UAE--Dubai's real estate market recorded a total of 2.593 transactions worth AED7.4 billion ($2 billion) during the week ending...

    The statistics showed that 320 plots were sold for AED1.75 billion, and 1,720 apartments and villas were sold for AED3.55 billion.

    The top three transactions were land in Saih Shuaib 3 that was sold for AED168 million, land for AED115 million in Island 2, and land sold for AED78 million Saih Shuaib 4.

  • UAE Innovates Month: 19 Dubai Customs innovations win awards

    Dubai, UAE--The number of innovations at Dubai Customs have been significantly increasing, as shown by the department's Innovation League, which...

    Nineteen of the innovations won team awards, three at the department level and one champion of the Innovation League.

    Innovation League is Innovation Centre's leading initiative to stimulate and encourage competition between departments and employees to develop more innovations.

  • Google’s immersive Street View could be glimpse of metaverse

    There was not yet talk of online life moving to virtual worlds when a "far-fetched" musing by Google co-founder Larry...

    The internet behemoth is introducing an "immersive view" that fuses Street View images with artificial intelligence to create "a rich, digital model of the world

    Facebook renamed its parent company to Meta last year to emphasize its virtual reality vision, and opened Horizon World virtual reality platform to the North American public

  • US raids properties of sanctioned Russian billionaire: media

    Federal agents and local police officers were spotted carrying boxes after they left an apartment in Manhattan's lavish Park Avenue...

    Authorities are also searching a property on Miami's Fisher Island believed to be linked to Vekselberg, NBC reported

    Vekselberg is the head of the Renova Group, a Moscow-based conglomerate, and one of several wealthy Russians who have been targeted by sanctions

  • Starbucks names outgoing Reckitt leader as next CEO

    Narasimhan, who was most recently chief executive of Anglo-Dutch multinational Reckitt, will relocate to Seattle from London and join Starbucks...

    The transition comes as Starbucks navigates a burgeoning US unionization push following a difficult stretch for workers during Covid-19

    Neil Saunders, analyst at GlobalData Retail, said the appointment was a "good move" in light of  Narasimhan's record in overseas markets