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.

Al-Jarman heads UAE delegation to 52nd session of Human Rights meet in Geneva

GENEVA, SWITZERLAND -  The United Arab Emirates is participating in the 52nd session of the Human Rights Council in Geneva,...
  • Al-Jarman will highlight key UAE achievements and the prominent role the country plays in human rights globally.
  • He will hold meetings with heads of delegations to exchange views on common issues.

Jordan Senate Chairman, French senate vice-president discuss bilateral ties

AMMAN, JORDAN -  Chairman of the Jordan Senate's Committee for Arab, International Affairs and Expatriates Hani Mulki, on Sunday discussed...
  • The two leaders also discussed political changes in the surrounding countries following Arab Spring.
  • The French leader said her country is looking forward to strengthening relations and partnerships.

Nations closer to global guidelines on disease outbreaks, says WHO

NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft...
  • A total of 307 amendments to the WHO International Health Regulations came in response to challenges posed by the COVID-19 pandemic.
  • Governments had focused on making their countries, and the international community, better prepared for future emergencies.

UAE takes part in first G20 Finance Ministers meeting in 2023

ABU DHABI, UAE -  Minister of State for Financial Affairs Mohamed Hadi Al Hussaini headed the UAE delegation participating in...
  • Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under the G20 priorities for 2023.
  • The UAE team reiterated the importance of a globally coordinated multilateral action to promote climate finance.

UNDP requests $113.5 million to support early recovery in Turkey

ANKARA, TURKEY - Clearing the mountains of rubble due to buildings collapse in the earthquakes that hit Turkey on February...
  • Rubble removal accounts for a large share of UNDP's US$113.5 million request for funding.
  • UNDP's current focus is to help prevent public health threats to affected populations and emergency responders.

Boosting investment in health systems is essential, says OECD

PARIS, FRANCE -  Governments should urgently adapt their health systems to better respond to future shocks, given the huge impact...
  • Major investment is needed in the health workforce, alongside increased spending on prevention and digital infrastructure, says OECD
  • More workers in health and social care were associated with lower mortality rates.

Renewables investments record high in 2022, but need massive increase

A report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI), said although global investment in renewable...
  • The report emphasizes how lending to developing countries looking to deploy renewables must be r highlights the need for public financing to play a much stronger role.
  • Achieving an energy transition in line with the 1.5°C Scenario also requires the redirection of $0.7 trillion per year from fossil fuels to energy-transition related technologies.

EU says Israel deporting MEP ‘deeply disappointing’

The EU called it "deeply disappointing" and "surprising" that Israel stopped and deported a Spanish MEP who had arrived for...
  • Spanish Foreign Minister Jose Manuel Albares also expressed indignation and said "we are demanding an explanation from Israeli authorities".
  • EU foreign affairs spokeswoman, Nabila Massrali said Miranda's deportation was "surprising" and view it as "deeply disappointing."

Iran denies enriching uranium above 60 percent

Iran denied reports it has enriched uranium up to 84 percent, just below the 90 percent needed to produce an...
  • The IAEA is "giving Iran the opportunity to explain because it's apparently possible that there can be so-called 'spikes' of higher levels of enrichment".
  • Uranium enriched up to 90 percent purity is considered nuclear weapons-grade.

Saudi meet stresses carbon capture vital for net-zero goals

Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...
  • The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.
  • In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.

GASTAT adopts chain-linking method to calculate Saudi Arabia’s real GDP

RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) said in a press release it issued on Sunday that...

Company News

Latest News

IEA boss says COP28 bid farewell to fossil fuels

PARIS, FRANCE - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

Digitalization has high environmental costs, says UNCTAD meet

DUBAI, UAE - With global attention on the COP28 climate summit, UNCTAD’s eWeek 2023 highlighted digitalization’s potential to accelerate climate...

Most Read

PM issues law forming Dubai Investment Fund to oversee government investments

DUBAI, UAE – Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has issued Law...
  • The law endows the Fund with the financial and administrative independence to pursue its objectives along with the legal mandate to do so.
  • Dubai Investment Fund will be responsible for investing Dubai Government funds, surpluses and the general reserve locally and internationally.

Russia, Saudi say sovereign Palestine state vital for regional peace

RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...
  • The two sides discussed the developments in Palestine and expressed their deep concern about the humanitarian catastrophe in Gaza.
  • Russia and Saudi Arabia stressed on the need to stop military operations in the Palestinian territories, and the need to protect civilians.

Russia’s Putin offers assistance in Gaza Strip de-escalation

MOSCOW, RUSSIA - Russian President Vladimir Putin has offered assistance in helping to deescalate the tense situation in the Gaza...
  • This offer was made during a telephonic conversation between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu.
  • The two leaders discussed continued cooperation regarding the evacuation of Russian nationals and family members from the region.