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.

SirajPower, Cleanco sign agreement

  • This will provide reliable power to Cleanco via a hybrid system consisting of solar PV, diesel generator, and battery.
  • CWT’s currently diesel-powered waste treatment plant will be able to reduce its fuel consumption, operational expenditures, and carbon footprint.

SirajPower, UAE’s solar energy provider in the GCC, signed an agreement to deliver its industry-leading services to Cleanco Waste Treatment (CWT), an Environmental Service Provider (ESP) in Abu Dhabi.

The signing ceremony took place at SirajPower’s office in Dubai Investment Park in the presence of Dr. Khalid Khouri, CEO of Cleanco, & Sultan Khouri, CEO of Cleanco, Mohammed Abdulghaffar Hussain, Chairman of SirajPower, and Laurent Longuet, CEO of SirajPower.

As per the agreement, SirajPower will develop a unique, fully financed 2 MVA solar-diesel-battery. This will provide reliable power to Cleanco via a hybrid system consisting of solar PV, diesel generator, and battery.

As a result, CWT’s currently diesel-powered waste treatment plant will be able to reduce its fuel consumption, operational expenditures, and carbon footprint to ultimately benefit the UAE’s sustainable vision with no upfront investment.

Abdulghaffar Hussain said, “Today’s announcement of this distinctive hybrid solution that combines solar, diesel, and batteries is a demonstration of Siraj Power’s commitment to develop and offer a unique, clean energy solution to suit the commercial, industrial and residential needs across the GCC.”

“SirajPower is one of the few companies operating in the GCC offering and implementing comprehensive hybrid solar energy solutions to the clients, and we are delighted to be partnering with Cleanco Waste Treatment to implement a rare, fully financed solar-diesel-battery project,” he said.

Khalid Khouri said that since its inception in 1980, Cleanco has been “striving to consistently provide our clients with top-tier solutions, state-of-the-art facilities, and operations that align with international best practices”.

“Our newly formed partnership with SirajPower will ensure that these values are upheld for years to come, in an elevated capacity,” he added.