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

Uncategorized

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.

Crunch time for Saudi-hosted drought, desertification talks

Riyadh, Saudi Arabia -- Landmark talks on desertification are set to conclude in Saudi Arabia this week amid doubts that pledged funds...

Embrace indigenous languages, urges UN expert

“Language rights are also important human rights matters for both minorities and indigenous peoples. Special Rapporteurs have already been critical...
  • States must be more inclusive in the treatment and use of minority and indigenous languages, says the United Nations Special Rapporteur on Minority Issues, Fernand de Varennes
  • Languages are essential tools to communicate and share knowledge, memory, and history, but they are also key to full and equal participation, he adds

Vietnam shoe maker for Nike, Adidas to cut 6,000 jobs

Vietnam, one of the world's largest exporters of clothing, footwear and furniture, has been badly affected by the cost-of-living crisis...
  • PouYuen Vietnam will lay off 3,000 factory workers and will not renew the contracts of 3,000 others because of very few production orders in 2023
  • More than 630,000 workers lost their jobs or had their hours cut in Vietnam in 2022, according to the labor ministry

Tunisia coastguard intercepts over 400 migrants in single night

The Tunisian coastguard said Sunday it had intercepted overnight more than 400 migrants trying to reach Europe by sea in...
  • Tunisia, which at points is less that 90 miles from the Italian island of Lampedusa, is a key departure point for Tunisian and other African migrants seeking better lives in Europe
  • Rome says more than 32,000 migrants, including 18,000 Tunisians, reached Italy from Tunisia last year, while thousands more have departed from neighbouring Libya

AstraZeneca to move to Dubai Science Park with new sustainable offices ahead of COP28

Set to open in Q3 2023, the move is part of the biopharmaceutical giant’s global green agenda.
  • Set to open in Q3 2023, the move is part of the biopharmaceutical giant’s global green agenda
  • The company recently held its first multilateral engagement on health and climate at COP27

AI, learning models can’t replace human creativity

“AI, Web3 and NFTs have opened new markets. We must embrace and seize the opportunity. As artists, it provides us...
  • The rise of Web3 and NFT photography, along with AI and deep learning models, are transforming the landscape of photography and the creative industry at large, says an expert
  • As artists, it provides us with new avenues for monetising our work and reaching new audiences. It's crucial that we address the security concerns, adds another expert at Xposure

UAE rescue team saves two, five days after Turkey quake

More than a hundred hours after two earthquakes killed more than 23,000 people, an Emirati rescue team has pulled alive...
  • As part of its ‘Gallant Knight/2’ operation, the UAE has dispatched 134 rescuers to help in the search for survivors in quake-hit Turkey and Syria
  • Search and rescue teams, deployed from all over the world, have been racing against time to find survivors amid freezing winter temperatures

Innovations chart Dubai’s path to sustainable future

"An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that...
  • Dubai has become the most inspiring example globally for institutionalising the innovation process, says Abdulla Mohammed Al Basti, Secretary-General The Executive Council of Dubai
  • An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that has enhanced the UAE’s competitiveness, he adds.

TRENDS seeks whistleblowers

Getting the correct information is not easy. If an honest and upright person such as yourself identifies and flags any...

Funding gap, consumer apathy peter out sustainability in Middle East retail

There’s a critical mass of shoppers who talk of making a difference with their purchases. Consumers are willing to pay...

Europe in crossfire of US-China economic rivalry

The United States has adopted the Inflation Reduction Act (IRA), which contains $370 billion in sweeping investments, subsidies and tax...
  • Europe's fears have deepened after the economic and supply crises sparked by the war in Ukraine that have cast the rules of globalisation into question
  • The EU has called on the United States to provide European firms exemptions -- like those granted to trade bloc partners Canada and Mexico

Crunch time for Saudi-hosted drought, desertification talks

Riyadh, Saudi Arabia -- Landmark talks on desertification are set to conclude in Saudi Arabia this week amid doubts that pledged funds...

Company News

Latest News

IMF maintains 2024 global growth forecast, warns of inflation risk

The International Monetary Fund expects the world economy to grow 3.2 percent this year, unchanged from its April forecast, according...

European Union imposes fresh sanctions on ‘extremist’ Israeli settlers

Brussels, Belgium -- The European Union on Monday announced sanctions on five Israelis -- including those termed "extremist settlers" -- and...

ADNOC Gas awards $550m contracts

The company aims to expand UAE gas infrastructure, increase customer reach

Most Read

Saudi Arabia records 16% growth in air travel in first half: GACA

Riyadh, Saudi Arabia -- The number of air passengers in Saudi Arabia increased by 17 percent during the past six...
  • The number of flights also reached approximately 446,000, marking a 12 percent increase compared to the same period last year.
  • The airfreight volume in the first six months of 2024 witnessed a 41 percent increase, reaching 606,000 tons.

2024 Global Aerospace Summit: Accelerating aerospace innovation

Abu Dhabi, UAE -- Representing the aerospace, aviation, space, and defense sectors, the premier thought leadership forum will aim to...
  • The two-day event will take place on 25-26 September at the St. Regis, Saadiyat Island Resort in the UAE capital – Abu Dhabi.
  • The 2024 edition will center on several objectives designed to drive the industry forward and address global aerospace concerns.

Al Noor Island listed among top 10 attractions in Middle East

Sharjah, UAE -- Sharjah's renowned landmark and award-winning family-friendly destination, Al Noor Island, has secured its place among the top...
  • Developed and managed by the Sharjah Investment and Development Authority (Shurooq), the destination has been ranked among Sharjah's top attractions since its inception.
  • This recognition marks the second consecutive year that Al Noor Island has won the title, an achievement reserved for the top 1% of the 8 million listings on TripAdvisor.