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

Global

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.

Law, politics hamper UK museum return of artifacts

LONDON, UK - British museums, like others across Europe, are under pressure to return artworks taken during the colonial era, including...

UN chief says cross-border aid to Syria rebel bastion vital

The cross-border mechanism has been operating since 2020 through Bab al-Hawa, after the Russian-imposed removal in 2019 of three other...
  • Cross-border assistance remains life saving for millions of people in need in north-west Syria, UNO Secretary General Antonio Guterres said.
  • Guterres said some 4.5 million people in Syria need help this winter, up 12 percent from the previous year due to pandemic and economic crisis.

RewirEd Summit concluded at Expo 2020 Dubai

The RewirEd Summit sponsored by Etihad Airways and Hettich in Expo 2020 Dubai concluded yesterday with a series of major...
  • The RewirEd Declaration launched by UNESCO and Dubai Cares on Connectivity for Education was the key announcement of this summit
  • The UAE was praised by all the five presidents along with 45 ministers in the summit for delivering quality education

UAE ranks first in Arab world, 11th globally in Global Knowledge Index

Qatar was at the 38th place, Saudi Arabia at 40, Kuwait (48), Oman (52), and Bahrain (55) in the Global...
  • Other GCC countries -- including Qatar , Saudi Arabia, Kuwait , Oman and Bahrain -- also figured prominently in the index
  • Switzerland ranks first globally, followed by Sweden, the US, Finland and the Netherlands

Morocco’s economy to grow 6.3% in 2021, says IMF

Morocco’s new government aims to narrow the wealth gap in the country where unemployment is running at almost 13 percent....
  • After shrinking at 6.3% in 2020, Morocco's GDP is expected to grow at 6.3% in this year
  • Morocco's health crisis caused by coronavirus has been controlled

Turkey pledges to protect Mediterranean Sea

Turkey, the last G20 country that ratified the Paris climate agreement, faces criticism for how it treats its water.
  • Microplastics pollution in the Mediterranean Sea poses a threat to marine life
  • Turkey’s southern shores on the Sea of Marmara has witnessed the largest outbreak of ‘sea snot’

Qatar, UNESCO launch Arabic version of freedom of expression report

While launching the report, Acting Director of the Information Office at the Ministry of Foreign Affairs Ibrahim bin Sultan Al...
  • The launch of the Arabic version of the report is the first fully translated into a language other than English
  • Qatar hopes that the report will be an entry point for discussion for academics, journalists, and the public about misleading information

WHO allays Omicron fears, says it may not dodge all vaccines

According to WHO, the existing vaccines might prove less effective against the new Omicron variant as it counts more than...
  • Omicron is better at infecting those who are vaccinated or those earlier had Covid-19
  • According to the South African data, the new variant of Covid-19 is likely more transmissible than previous variants

WHO says no Omicron deaths yet, as variant spreads worldwide

There had been a spike in the number of children under five admitted to hospital since Omicron emerged.
  • Mild symptoms as headaches, sore throat, and coughs reported on those afflicted of Omicron
  • The first detected in South Africa omicron variant of COVID-19 has now reached to 38 countries

IMF says Omicron could slow global growth

According to the economists, Omicron's threat to economy will likely be less severe than the previous waves.
  • The emergence of omicron led to a major crash in the global stock and oil markets in late November
  • WHO highlighted the issue of inequitable distribution of vaccines on several occasions

WTO deal saves businesses $150bn a year

The deal with members including the US, EU, and Saudi Arabia agreeing to new ways to help businesses.
  • The agreement is said to have called for members countries and groupings to create domestic regulation for services
  • Such regulations would ‘improve the business climate, lower trade costs, and cut red tape so as to facilitate services trade worldwide’

Law, politics hamper UK museum return of artifacts

LONDON, UK - British museums, like others across Europe, are under pressure to return artworks taken during the colonial era, including...

Company News

Latest News

25 teams attending Afro-Arab Esports League 2023 in Saudi Arabia

Riyadh, Saudi Arabia -- The Afro-Arab Esports League, which opened Saturday in Saudi Arabia, will see participation from over 25...

UAE takes part in G20 joint health-finance ministers meeting   

GANDHINAGAR, INDIA - Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Assistant Minister of Foreign Affairs...

WHO launches global initiative on digital health supported by G20 Presidency

GANDHINAGAR, INDIA - The World Health Organization (WHO) and the G20 India presidency announced a new Global Initiative on Digital...

Most Read

Russian foreign minister to lead delegation at UN General Assembly

MOSCOW, RUSSIA - Russian President Vladimir Putin has approved the composition of the country’s delegation to the 78th session of...
  • In recent years, Russia’s delegation to the UN General Assembly has been headed by Foreign Minister Sergey Lavrov.
  • The 78th session of the United Nations General Assembly will begin in New York on September 19.

Economists convened by COP28 lay out steps to reform global climate finance

ABU DHABI, UAE - A two-day meeting of world leading economists and finance leaders convened by the COP28 Presidency has...
  • Particular areas of focus for the new framework will include addressing debt distress in vulnerable countries.
  • Group said that private finance flows need to grow much faster to meet the $2.4 trillion investment estimated nnually.

Russian defense officials meet Saudi Arabian, Iranian counterparts

MOSCOW, RUSSIA - The 11th Moscow Conference on International Security, held at the Patriot Congress and Exhibition Center here, saw...
  • The conference saw participation from over 800 delegates from 76 countries, including China, India, South Africa, Israel, Turkey, Mexico, the UAE, Saudi Arabia.
  • Representatives from eight international organizations, including the UN, CSTO, SCO, ASEAN, Arab League, and the African Union took part in the conference.