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

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.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

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...
  • Politicians have little appetite to change the legal framework that is currently blocking full restitutions by national museums, campaigners say.
  • British laws dating from the 1960s and 1980s prevent national museums, such as the British Museum and the V&A, from making returning artifacts.

Scientists in UK create new fusion record

LONDON, UK - Scientists in Britain announced on Thursday they had smashed a record for generating fusion energy in the final...
  • Over 300 scientists and engineers from EUROfusion contributed to JET's landmark experiments over 40 years.
  • Proponents believe it could one day help tackle climate change by providing an abundant, safe and clean source of energy.

World sees first 12 months above 1.5C warming level, says climate monitor

PARIS, FRANCE -  Earth has endured 12 consecutive months of temperatures 1.5C hotter than the pre-industrial era for the first time...
  • Recent months have seen a global onslaught of extremes, including devastating drought gripping the Amazon basin
  • The UN's IPCC climate panel had already warned that the world will likely crash through 1.5C in the early 2030s.

Gaza solidarity boycott hits global food chains

As customers in the Middle East shun international restaurants, local businesses report they have benefited from the boycott.
  • Starbucks sales grew at their slowest pace in a year, and profits fell short of Wall Street estimates as a spending slowdown took its toll.
  • McDonald's shares declined for the second day after the company failed to achieve targeted sales for the first time since 2020 due to the war in the Middle East.

UAE, Russian Presidents discuss regional and global developments

ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...
  • Sheikh Mohamed reiterated the UAE's steadfast commitment to promoting peace and stability both regionally and globally.
  • The UAE and Russian Presidents discussed several issues of mutual interest, with a particular focus on the Ukraine conflict.

WW3 may begin before US President Biden’s term ends, Trump says

NEW YORK, US - World War III may break out before US President Joe Biden leaves office, former US president...
  • Trump alleged that that Biden's policy had turned the world into hell and was leading the United States to a bloodbath.
  • The US presidential election will be held in November and incumbent Joe Biden said that he would seek re-election.

Russian foreign minister to speak at Valdai Middle East Conference

MOSCOW, RUSSIA - Russian Foreign Minister Sergey Lavrov will take part in the 13th Middle East Conference of the Valdai...
  • The 13th conference is taking place at a time when the region is under the microscope amid the escalating Palestinian-Israeli conflict.
  • Experts are likely to discuss ways to come to a comprehensive settlement in the Middle East, the legacy of colonial policy.

Spain to increase UNRWA funding after donors suspend aid

MADRID, SPAIN -  Spain said on Monday that it would give an additional US$$3.8 million (3.5 million euros) in aid to...
  • Over a dozen countries, including the US, Germany, Britain and Sweden, have suspended their funding to UNRWA.
  • There are accusations that 12 UNRWA staff members were involved in the October 7 attacks in Israel by Hamas.

No Middle East escalation, urges EU foreign policy chief after US strikes

European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...
  • US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.
  • The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.

UAE is the most popular destination for global workers, says report

Dubai, UAE – The United Arab Emirates is the most popular country for international talent seeking employment visas, a report...
  • France, the United Arab Emirates, India, Turkey, and the United Kingdom were the top destinations for UAE recruiters.
  • This trend underscores the UAE's commitment to fostering a diverse and vibrant multinational workforce.

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...

Company News

Latest News

Russia not in danger of trading oil at a loss, says Lavrov

MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...

S.Africa says Israel war undermining top UN court

South Africa's top diplomat accused Israel of setting a precedent for leaders to defy the top UN court, as she...

Google’s new AI for corner kick tactics gets Liverpool approval

PARIS, FRANCE – Liverpool football analysts have given their seal of approval to a new artificial intelligence tool from Google that...

Most Read

UAE investments abroad reach US$2.5trn in beginning of 2024, says UAEIIC

ABU DHABI, UAE – The United Arab Emirates has solidified its position as a leading regional and global player in...
  • This robust financial footprint positions the UAE as a significant economic force with strong potential for continued expansion.
  • The focus on emerging markets and the creation of strategic partnerships further amplifies this momentum.

Shipping service connecting India, South East Asia with Saudi Arabia comes up

RIYADH, SAUDI ARABIA – VASI Shipping Pte Ltd has introduced a new shipping service IMS at King Abdulaziz Port in...
  • This service aims to enhance its strategic partnerships with major international shipping lines, support the maritime sector.
  • This initiative represents a significant step in bolstering the role of King Abdulaziz Port in Dammam in enhancing the maritime transport sector.

Attack on Gaza’s Rafah inevitable, says Israeli PM

Israeli Prime Minister Benjamin Netanyahu vowed to send ground forces into Gaza's southern Rafah city. The right-wing premier, whose security...
  • Israel has repeatedly threatened to launch a ground offensive against Hamas in Rafah.
  • US has said it cannot support a Rafah operation without a "credible, achievable, executable plan" to shelter civilians.