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.

Hamas chief says group seeks complete truce in Gaza

Palestinian Territories - Hamas chief Ismail Haniyeh on Saturday reiterated the group's demand of a complete ceasefire in Gaza, a...
  • In a statement issued on Saturday, Qatar-based Haniyeh reiterated the group's several demands, including an end to fighting in Gaza.
  • Haniyeh insisted that those displaced from the north be returned to their areas in the territory and also called for the release of Hamas prisoners.

UNRWA chief says Israel wants to destroy agency

Geneva, Switzerland - Israel is waging a concerted campaign aimed at destroying UNRWA, the head of the UN agency for Palestinian...
  • "Right now we are dealing with an expanded, concerted campaign by Israel aimed at destroying UNRWA," he told the Swiss newspaper group Tamedia
  • Israel has called for Lazzarini to step down following claims that a Hamas tunnel had been discovered under its evacuated Gaza City headquarters.

Pakistan official admits being part of election rigging

Islamabad, Pakistan - A senior bureaucrat said on Saturday he helped rig Pakistan's elections, a week after polls marred by allegations...
  • Liaqat Ali Chattha, commissioner of the garrison city of Rawalpindi, said he would hand himself over to police.
  • "We converted the losers into winners, reversing margins of 70,000 votes in 13 national assembly seats," he said.

Fear pervades West Bank hospital after deadly Israeli raid

Jenin, Palestinian Territories - A climate of fear pervades a hospital in the occupied West Bank city of Jenin, where patients...
  • At the rehabilitation ward at Jenin's Ibn Sina hospital, two patients recalled hearing the screams of a nurse as Israeli forces reached the third floor.
  • Such an attack "creates fear and is dangerous for health workers and patients", said Rik Peeperkorn, the UN agency's envoy for the Palestinian territories.

WTO chief insists global trade body still counts

WTO members' trade ministers have their biennial meeting in Abu Dhabi from February 26-29, at which they could put the...
  • World Trade Organization is hoping for results from its 13th ministerial meeting in Abu Dhabi, particularly on fishing, agriculture and electronic commerce
  • WTO chief said the meeting to be tough due to the "economic and political headwinds", from Ukraine war, the attacks in the Red Sea and economic difficulties in Europe and China

Coups, conflicts and crises confront African summit

Ahead of the gathering in the Ethiopian capital Addis Ababa, African Union Commission head Moussa Faki Mahamat voiced alarm at...
  • Gabon and Niger will be absent from the summit following their suspension over coups last year -- joining Mali, Guinea, Sudan and Burkina Faso, which are also barred
  • Beyond Africa, the Israel-Hamas conflict in Gaza is a hot topic, with African Union Commission head Moussa Faki Mahamat describing it as a "war of extermination."

Missile attack targets ship off Yemen: security agencies

Friday's strike came as a US decision in January to redesignate the Houthis as "terrorists" formally came into force. The...
  • US State Department spokesperson said a missile fired from Yemen "struck the port side of the India-bound, Panamanian-flagged MT Pollux, which was carrying crude oil
  • Security firm Ambrey said the Panama-flagged tanker "sustained minor damage" in the missile strike northwest of the Yemeni coastal city of Mokha

Gaza health ministry: 5 die in Israeli-raided hospital after oxygen cut

Five patients from the intensive care unit had died "as a result of the stopping of generators that caused a...
  • The Israeli army said Thursday it had launched a "precise" operation in the hospital after receiving "credible intelligence" to suggest hostages had been held inside
  • Medical charity Doctors Without Borders said on Thursday that shelling of the Nasser hospital had forced its staff to flee, leaving patients behind

Hizbollah chief says Israel to pay ‘with blood’ for Lebanon civilians killed

Nasrallah said the killing of civilians was aimed at "putting pressure" on Hizbollah to stop attacks on Israel, but stressed...
  • He warned that his movement has "precision-guided missiles that can reach... Eilat", on Israel's Red Sea coast, beyond the northern towns it usually targets in retaliatory strike
  • Hamas ally Hizbollah and its arch-foe Israel have been exchanging near-daily fire across the border since the Israel-Hamas war broke out on October 7

Recognizing Palestine state not a taboo for France, says Macron

"The recognition of a Palestinian state is not a taboo for France," he said at a joint press conference in...
  • His comments come after Benjamin Netanyahu rejected a plan for international recognition of such a state, following reports of such an initiative in The Washington Post.
  • Macron also repeated a warning against Israel attacking the city of Rafah, the southernmost point in the besieged and bombarded Palestinian territory of Gaza.

UNRWA warns of ‘apocalyptic’ conditions as Israeli airstrikes target aid, refugee camps, kill 58

The latest bloodshed came despite growing optimism that negotiations for a ceasefire and hostage release deal might finally succeed, with...

Company News

Latest News

Qatar to host high-stakes Gaza ceasefire talks

US Secretary of State Antony Blinken told several Middle Eastern counterparts in recent days that "this ceasefire deal is of...

In Beirut, US envoy says ‘no more time to waste’ on Gaza ceasefire

US envoy Amos Hochstein's Lebanon trip comes a day before ceasefire negotiations between Hamas and Israel are set to resume

Explosions reported near two ships off Yemen

Two ships reported nearby explosions on Tuesday off the coast of Yemen, maritime security agencies said, though neither event resulted...

Most Read

Fitch lowers Israel’s credit rating amid economic strain from Gaza conflict

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict...
  • Fitch said that the conflict continuing into next year would force Israel to continue its high spending on military
  • Israel has also exchanged near-daily cross-border fire with Hezbollah in Lebanon, forcing Israelis to be evacuated from the northern border region

West tells Iran to ‘stand down’ Israel attack threats; Tehran says ‘no way’

With tensions soaring in the Middle East, the United States says that Iran along with its proxies might attack Israel...
  • Iran and its Lebanese ally Hezbollah have vowed revenge for the killings of Ismail Haniyeh and Fuad Shukr
  • The White House warned that a "significant set of attacks" by Iran and its proxies was possible as soon as this week

Yunus says Bangladesh is experiencing a ‘student-led revolution’

Hasina fled by helicopter as protesters flooded Dhaka's streets in a dramatic end to her long rule. Her government was...
  • "This is a revolution, a student-led revolution," new interim leader Muhammad Yunus said
  • Yunus, 84, arrived back in Bangladesh from Europe on Thursday