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.

Russian strikes kill at least 30 across Ukraine

A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to...
  • The Ukrainian army said that Russia launched 158 missiles and drones on Ukraine
  • The United Nations condemned the attacks and said they must stop "immediately"

Iran asserts peaceful nuclear agenda amid western concerns

Tehran, Iran - Iran's nuclear program remains peaceful, said Nasser Kanani, the spokesman for the Iranian Ministry of Foreign Affairs,...
  • Iranian foreign ministry spokesman Nasser Kanani reaffirmed the country's commitment to continuing cooperation with the IAEA
  • Kanani said that Iran views negotiation and diplomacy as the best methods for resolving any unfounded concerns about its nuclear program

Turkish SuperCup in Saudi postponed over ‘political slogans’

According to the Saudi sports television channel SSC, "the match has been cancelled. The match will not take place." Scheduled...
  • The teams wanted to warm up wearing shirts bearing the image of Mustafa Kemal Ataturk
  • After the refusal, the rival teams and Turkish football federation decided to postpone the match

US approves ’emergency’ sale of munitions to Israel

Washington, United States - The United States on Friday announced the approval of a $147.5 million sale of 155mm high-explosive artillery...
  • The same provision was used earlier this month to approve the sale of nearly 14,000 rounds of 120mm tank ammunition to Israel
  • Israel requested that 155mm fuses, primers and charges be added to previous foreign military sale cases, increasing their estimated total cost from $96.51m to $147.5m

UAE extradites the accused Gergely Franc to Belgium

Abu Dhabi, UAE - The UAE on Friday extradited Gergely Franc, an Albanian national, charged with premeditated murder, to Belgium....
  • The accused was transferred according to the extradition agreement, signed by the United Arab Emirates and Belgium
  • Such procedures confirm the UAE’s continued collaboration with international partners in the pursuit of international justice

‘Let’s resolve to make 2024 a year of building trust’

"The United Nations will keep rallying the world for peace, sustainable development and human rights. Let’s resolve to make 2024...
  • António Guterres, UN Secretary-General, urges global unity in 2024 for rebuilding trust and hope after the significant suffering, violence, and climate crises of 2023.
  • In his New Year's message, Guterres stresses unity for trust and hope in 2024, urging collective achievements and wishing a peaceful and happy year.

South Africa moves ICJ, accuses Israel of ‘genocidal acts’ in Gaza

South Africa launched a case at the International Court of Justice against Israel for what it said were "genocidal" acts...
  • There was no immediate comment from Israel, which had earlier denied charges that its military was using disproportionate force in Gaza.
  • The war was triggered by the attack on Israel on October 7 and is now nearing its 12th week, with vast areas of northern Gaza in ruins.

Gaza death toll tops 21,507 as Israel continues bombing

The health ministry in Hamas-run Gaza said at least 21,507 people have been killed in the Palestinian territory since war...
  • A total of 1,095 have been wounded while taking refuge at UN sites, UNRWA said on social media platform X.
  • The UN agency for Palestinian refugees, UNRWA, said 308 people seeking shelter in their facilities have been killed during the war

Google agrees to settle $5bn data privacy breach lawsuit

Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...
  • The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them
  • Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode

UN agency says Israel targeted Palestinian aid convoy

Gaza City, Palestinian Territories - The United Nations agency for Palestinian refugees said on Friday an aid convoy came under fire...
  • The UN official said "Israeli soldiers fired at an aid convoy as it returned from northern Gaza along a route designated by the Israeli army".
  • The Israeli military responded to requests for comment saying that it was looking into reports about the incident.

Lebanon accuses Israel of truce rejection after deadly Beirut strikes and growing Gaza crisis

A US-brokered plan reportedly under consideration would see Hezbollah pull back 30 kilometres (20 miles) from the border, north of...

Company News

Latest News

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...

Blinken urges Hamas to agree truce to help Gazans

A Hamas official said the group would respond "within a very short period" to a plan proposed by mediators to...

Blinken says US ‘determined’ to get Israel-Hamas ceasefire deal ‘now’

US Secretary of State Antony Blinken renewed calls for Hamas to accept a ceasefire deal Wednesday as he started talks...

Most Read

Blinken demands ‘no more delays’ by Hamas on truce deal

US Secretary of State Antony Blinken demanded Tuesday that Hamas accept a proposal for a Gaza ceasefire and release of...
  • "Now it's on Hamas. No more delays, no more excuses. The time to act is now," Blinken said
  • "We want to see in the coming days this agreement coming together," he said

Hopes rise for possible truce deal between Israel and Hamas

Jerusalem, Undefined - Hopes rose on Monday for a long-sought-after truce and hostage release deal after almost seven months of war...
  • Washington's top diplomat said he was "hopeful" Hamas would accept the offer, which his British counterpart said could see the release of thousands of Palestinian captives
  • For months, meditators Egypt, Qatar and the United States have been trying to broker a new agreement between the combatants

European, Arab ministers meet in Saudi to jump-start two-state solution

Earlier on Monday, European Union foreign policy chief Josep Borrell told reporters he would encourage Arab leaders to put forward...
  • The meeting took place on the sidelines of a two-day World Economic Forum special meeting in Riyadh that was largely devoted to the grinding war in the Gaza Strip
  • Israel's offensive has killed at least 34,488 people in Gaza, mostly women and children, according to the health ministry in the Hamas-run territory