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

Geostrategy

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.

Sheikh Hamdan issues resolution regulating single-use products in Dubai

DUBAI, UAE -  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive...
  • The aim of the resolution is to protect the environment, encourage people to adopt an eco-friendly lifestyle.
  • The move also aims to encourage the private sector to promote the use of recycled products.

GCC in the crossfire amid growing US-China tech war

Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
  • The semiconductor battle, with Abu Dhabi-based G42 cutting its ties with Huawei, is a prime example of the region’s strategic maneuvering in this global power play.

5 WEF reports shaping your 2024 agenda

From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...
  • Buffeted by a global energy crisis, inflationary pressures and geopolitical instability, the move to clean energy has faced a challenging time.
  • This year's top 10 emerging technologies will likely become increasingly familiar in the years ahead as they help tackle some of our biggest challenges.

Welcoming 2024: A year of hope, healing, and unity

"Hopefully, 2024 will be a year in which we overcome the troubled period that started with the coup attempt, grew...
  • Every new year should be welcomed with joy, hope, and excitement, says Recep Tayyip Erdoğan, President of Türkiye.
  • We are entering the year 2024 with heavy hearts due to the negative events in our region and the world, he adds.

Maersk halts ships’ transit via Red Sea strait for 48 hours

COPENHAGEN, DENMARK - Shipping giant Maersk said on Sunday it was suspending the passage of vessels through a key Red Sea...
  • The Maersk Hangzhou, a Singapore-flagged, Denmark-owned container vessel reported being struck by a missile while transiting the Bab al-Mandab Strait.
  • It appeared to be undamaged in that attack and "was able to continue its transit north", said Maersk, one of the world's largest shipping companies.

Israeli strike kills former Palestinian minister, Gaza death toll 21,822

Youssef Salama, the 68-year-old former minister of religious affairs in the Palestinian Authority, was killed in a strike on the...
  • "We pulled (out) nine martyrs, who were members of a very peaceful family. Two adjacent houses were targeted," said the area's civil defense director, Rami al-Aidi.
  • 10 Houthi rebels were feared dead or missing after US Navy helicopters fired at them while attempting to board a cargo ship off Yemen.

Gaza war will last many months: Benjamin Netanyahu

The prime minister of Israel told a news conference that the war will continue for many months "until Hamas is...
  • He said that Israel was depriving Hamas of their capabilities in a gradual manner
  • Hamas is still holding 129 hostages in Gaza, according to the Israeli military

North Korea to launch three more spy satellites next year

"The task of launching three additional reconnaissance satellites in 2024 was declared" as one of the key policy decisions for...
  • Pyongyang successfully put a military spy satellite into orbit last month and has since claimed it was providing images of major US and South Korean military sites
  • Inter-Korean relations are in poor state as Seoul and Washington ramped up defense cooperation this year after record-breaking series of weapons tests by Pyongyang

Erdogan plays down row over Saudi-hosted Super cup

Friday night's Turkish Super Cup between Galatasaray and Fenerbahce had been due to be played in Riyadh, Saudi Arabia. But...
  • Turkish President Erdogan said turning sports into a political issue "is wrong"
  • Both teams wanted to warm up in shirts featuring the image of Mustafa Kemal Ataturk

Russia vows revenge as 21 die in Ukrainian attack

The Belgorod attack came a day after Ukraine said a barrage of Russian missile strikes on several cities killed at...
  • The authorities in Russia said the death toll included at least three children
  • The attack came a day after Ukraine said Russian missile strikes killed at least 40 people

Netanyahu sacks defense minister Gallant over differences on Gaza

Citing a “trust breakdown,” Netanyahu dismissed Defense Minister Gallant amid the Gaza conflict, sparking Tel Aviv protests, as new defense...

Company News

Latest News

Israel destroys dozens of Bedouin homes in Negev desert

Israeli authorities destroyed around 50 homes belonging to Bedouins in the Negev desert on Wednesday, an AFP journalist reported, with...

Biden threatens to stop arm shipments if Israel invades Rafah

Biden, a self-described Zionist, had long resisted stopping any of the $3 billion in weapons the United States sends each...

Empty streets and ‘fear’ in Gaza’s Rafah since Israeli incursion

Rafah, Palestinian Territories - Displaced Gazan Marwan al-Masri, sheltering in Rafah, said on Wednesday "life has completely ceased" since Israeli tanks...

Most Read

Hamas accepts Gaza truce proposal, Israel urges Rafah evacuation

Israeli Prime Minister Benjamin Netanyahu's office said the proposal "is far from Israel's essential demands", but the government will send...
  • The Hamas announcement brought cheering crowds onto the street amid tears of happiness, chants of "Allahu Akbar" ("God is greatest") and celebratory shooting in the air
  • Israel's military meanwhile reiterated an earlier call for residents of east Rafah to evacuate as it prepares for a "ground operation" in the southern Gaza city

Hamas says delegation heading to Cairo for truce talks

The hawkish prime minister has insisted he will send ground troops into Rafah, despite strong concerns voiced by UN agencies...
  • Foreign mediators have been waiting for a Hamas response to a proposal to halt the fighting for 40 days and exchange hostages for Palestinian captives
  • A major stumbling block has been that, while Hamas has demanded a lasting ceasefire, Israeli Prime Minister Benjamin Netanyahu has vowed to continue to fight

EU pledges $1 bn for Lebanon, urges curbs against illegal migration

The EU Commission's spokesman said in Brussels the aid will be disbursed "in grants", with 736 million euros earmarked to...
  • "I can announce a financial package of $1 billion for Lebanon that would be available from this year until 2027," the European Commission chief said
  • She said the aid was designed to strengthen basic services such as education and health amid a severe economic crisis