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.

Saudi hosts preparatory meet for ITU’s conference in Bucharest

  • The meet is hosted by Saudi Arabia’s digital regulator, the Communications & Information Technology Commission.
  • Saudi Arabia is positioned to act as a convenor and mediator between the Arab world and the ITU’s 193 members to forge the best global digital policies.

International delegates are meeting in Riyadh from August 28-31 to discuss the future of global digital communications ahead of International Telecommunications Union’s 2022 Plenipotentiary Conference in Bucharest Romania from 26 September-14 October.

Hosted by Saudi Arabia’s digital regulator, the Communications & Information Technology Commission (CITC), the Preparatory Meeting will help the ITU craft the next four years of its global agenda ahead of the 2022 elections, media reports said.

“Riyadh is the ideal venue to bring together ICT and digital leaders from around the world to align on the next generation of sustainable ICT policies,” said CITC Governor, Mohammed Altamimi.

Saudi Arabia is hosting two ITU preparatory meetings: Arab states and inter-regional. The first, a gathering of the league of Arab states (LAS) members of the ITU, will allow the region to better coordinate its digital policies and sustainable development goals.

The inter-regional meeting, chaired by Secretary-General, Houlin Zhao, will allow representatives from the ITU’s six regions to identify common digital policies for the next four years.

Saudi Arabia is positioned to act as a convenor and mediator between the Arab world and the ITU’s 193 members to forge the best global digital policies.

Saudi Arabia is also submitting its candidacy to stay on the ITU Council from 2023-26. Joining in 1949, it has served on the Council since 1964. Saudi is now ranked 1st in MENA and 6th among G20 by the ITU for regulatory excellence, and 2nd in the Global Cybersecurity Index (GCI) by ITU and also in the digital competitiveness among G20 economies by WEF.

Powering this digital economy women represent 30 percent of the digital workforce (surpassing G20 and EU average).