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

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.

DEWA spends $16.33 million to extend water transmission pipeline

  • The network spans over 22 kilometers and the diameter of pipes is 1200mm.
  • The project location runs from Al Quoz Industrial Fourth to Al Thanyah Fifth, alongside Al Khail Road in Dubai.

Dubai Electricity and Water Authority (DEWA) has completed 54.23 percent of the extension of several key water transmission pipelines in Dubai with a cost of about AED 60 million ($16.33 million) spanning over 22 kilometers with a diameter of 1200mm.

The project location runs from Al Quoz Industrial Fourth to Al Thanyah Fifth, alongside Al Khail Road in Dubai. As per the approved plan, the project aims to increase water flow, and enhance the efficiency and reliability of water networks to meet the growing demand in these areas.

Saeed Mohammed Al Tayer, MD & CEO of DEWA, said that the project also includes remote monitoring and control, which enables control of key water networks effectively round the clock. This is through automated valves operated from the control center to reduce interruptions and water network losses.

“We adopt the latest technologies in the production, transmission, and distribution as well as control of water and electricity networks. We apply the highest global standards in our projects to raise operational and production efficiency. DEWA continues to implement vital projects, especially infrastructure projects,” he said.