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

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.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

Saudi Arabia, Singapore sign MoU on mutual recognition of halal certificate

  • The MoU aims to develop procedures for conformity assessment, standard specifications, and technical regulations for issuing these certificates
  • It also ensures mutual recognition between the two sides for exported local products as well as the exchange of expertise and knowledge

Riyadh, Saudi Arabia – The Saudi Food and Drug Authority (SFDA) signed Thursday a memorandum of understanding (MoU) with the Islamic Religious Council of Singapore, also known as Majlis Ugama Islam Singapura, to mutually recognize halal certificate.

The MoU aims to develop procedures for conformity assessment, standard specifications, and technical regulations for issuing these certificates.

The MoU also ensures mutual recognition between the two sides for exported local products as well as the exchange of expertise and knowledge in the areas of training, research, and laboratory analysis for halal products.

The Saudi Halal Center is one of the initiatives of the National Transformation Program. The certificates issued by the center contribute to facilitating import and export procedures and supporting the export of local products to compete in global markets.