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

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

China denies ban on use of iPhone in government agencies

  • Foreign ministry spokesperson said that China has not issued any laws, regulations, prohibiting the purchase and use of foreign brand smartphones, including iPhone
  • In the wake of reports about significant Chinese restrictions on iPhones at government offices and state-backed entities, Apple shares tanked sharply last week

Beijing, China–China on Wednesday denied there was any ban on officials purchasing or using foreign phones, including iPhones, after reports said Beijing was prohibiting civil servants from using Apple handsets.

“China has not issued any laws, regulations, and policy documents prohibiting the purchase and use of foreign brand smartphones, including iPhone,” foreign ministry spokesperson Mao Ning told a regular briefing.

“We always have an open attitude towards foreign-funded enterprises,” she added.

Apple shares fell sharply last week following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities.

The Wall Street Journal first reported that China had barred the use of Apple smartphones in central government agencies.

That was followed by a Bloomberg News story that China planned to expand the ban to government-backed agencies and state companies, broadening the effect of the policy in a centrally planned economy.

Mao said Wednesday, however, that China “treats both domestic and foreign-funded enterprises in the same way and on an equal footing”.

“The Chinese government attaches a great importance to information and cybersecurity,” she added.