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.

Gaza health ministry says Israel kills 9 people waiting for aid

Palestinian Territories - The health ministry in Hamas-run Gaza said Israeli fire on Saturday killed nine people and wounded dozens...
  • "At least nine martyrs and dozens injured by Israeli occupation army tank fire and shells," said Gaza's health ministry.
  • Just over a week ago Gaza's health ministry blamed Israeli fire for the death of 20 people seeking aid at the Kuwait roundabout.

Israeli minister calls UN ‘anti-Israeli’ as Guterres visits Gaza border

JERUSALEM - Israel's foreign minister said on Saturday the United Nations had become an "anti-Israeli body" under Antonio Guterres, after...
  • "Under his (Guterres's) leadership, the UN has become an anti-Semitic and anti-Israeli body that shelters and emboldens terror," Foreign Minister Israel Katz said.
  • Katz's government has accused staff at the UN agency for Palestinian refugees of involvement in Hamas's October 7 attack that triggered the war.

Putin vows retribution on Moscow concert hall attacks, as toll rises

Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
  • It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
  • Russian officials expect the death toll to rise further, with more than 100 injured in hospital.

OPEC Fund provides US$50m loan to support agriculture in quake-hit Türkiye

VIENNA, AUSTRIA – The OPEC Fund for International Development (OPEC Fund) is extending a US$50 million loan to Türkiye to...
  • The Development and Investment Bank of Türkiye (TKYB) will on-lend the funds to small and medium-sized enterprises.
  • This will help efforts to overcome the calamity’s impact and to promote a more resilient and sustainable agriculture sector.

US military says struck 3 Houthi underground storage sites in Yemen

The Houthis began attacking ships in the Gulf of Aden and the Red Sea in November, a campaign they say...
  • US forces "conducted self-defense strikes against three Houthi underground storage facilities in Iranian-backed Houthi controlled areas of Yemen," CENTCOM said
  • US forces had also "successfully engaged and destroyed four unmanned aerial vehicles" in Houthi-controlled areas of Yemen throughout Friday

UN Security Council vote on new Gaza ceasefire text postponed to Monday

Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and...
  • The new, tougher draft resolution, seen by AFP, "demands an immediate ceasefire" for the ongoing Muslim holy month of Ramadan that leads "to a permanent sustainable ceasefire"
  • Eight of the council's 10 non-permanent members have been working on the draft, which also calls for the "immediate and unconditional" release of hostages seized by Hamas

UN chief to visit Gaza border as Israel vows to go ahead with Rafah attack

On Saturday, UN chief Guterres plans to meet with aid workers on the Egyptian side of Rafah, just across the...
  • During his visit, Guterres plans to reiterate his call for ceasefire, though international pressure has so far failed to dissuade Israel from the planned ground offensive in Rafah
  • Despite warnings that such an invasion would cause mass civilian casualties and worsen the humanitarian crisis, Netanyahu said he must press ahead with the attack

UN official urges $4bn humanitarian aid for cash-strapped Syria

Beirut, Lebanon - A UN official on Friday appealed for about $4 billion in humanitarian assistance for Syria, warning funding was...
  • "In 2024, we are appealing for $4.07 billion to provide lifesaving aid to 10.8 million Syrians, out of 16.7 million people assessed to be in need of assistance," he said
  • Abdelmoula also noted "Syria's vulnerability to climate shocks", exacerbated by conflict, warning of water scarcity and "heatwaves impacting agriculture and livestock"

Iraqi PM to visit Washington for troop talks

Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...
  • The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.
  • Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State

EU to tell big tech firms to curb election risks or face fines

BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
  • The European Commission, the EU's executive arm, is expected to adopt new guidelines.
  • They will come under the EU's mammoth content moderation law, the Digital Services Act.

Israel, Hamas ceasefire begins Sunday, includes hostage deal, phased Israeli withdrawal, more aid for Gaza

The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian...

Company News

Latest News

Regional Updates: Iran “not looking for war” but will retaliate fiercely to any Israeli attack

Iranian leadership vows strong retaliation if Israel attacks Iran as Hezbollah kills eight Israeli soldiers and destroys 3 tanks while...

Hezbollah says it clashed with Israeli troops who tried to ‘infiltrate’ Lebanon

Hezbollah said Wednesday it clashed with Israeli soldiers who tried to infiltrate into Lebanon, and also targeted Israeli troops across...

Israel vows response as Iran fires missile barrage

Iran launched around 180 missiles at Israel on Tuesday in response to the killings of Tehran-backed militant leaders, prompting alarm...

Most Read

US says Iran preparing imminent missile attack on Israel

Iran is preparing an imminent ballistic missile attack against Israel, the United States said on Tuesday, warning that any such...
  • "We are actively supporting defensive preparations to defend Israel against this attack," says US
  • Hezbollah said it targeted an air base in Tel Aviv in retaliation for attacks on civilians in Lebanon

Iran says will not send forces to confront Israel

An Israeli strike on Beirut Friday killed Hassan Nasrallah, the head of the Lebanese militant group Hezbollah that has been...
  • "There is no need to send extra or volunteer forces of the Islamic Republic of Iran," said foreign ministry spokesman Nasser Kanan
  • Israel has in recent days been mounting heavy air strikes in Lebanon against the so-called "axis of resistance", a network of Iran-aligned militant groups in the region

Israeli special forces in ‘limited’ Lebanon ground operations, says United States

Israeli forces have launched limited incursions in Lebanon, the United States said on Monday, while Lebanon's national army, dwarfed by...
  • Lebanese PM Najib Mikati called for a ceasefire based on a recent US-French proposal, urging "an end to the Israeli aggression against Lebanon"
  • Netanyahu in a video address to Iranian people say that change will "come a lot sooner than people think"