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.

Lebanon fuel distributors say no diesel crisis in the country

  • The rumors of oil crisis started to circulate after a ship carrying 42 thousand tons of diesel met with a marine accident.
  • The representative confirmed that diesel will be available during the next week and there is no crisis but a shortage.

Lebanon’s Fuel Distributors Representative Fadi Abu Chakra has confirmed that “there is no diesel oil crisis” in the country.

The rumors of oil crisis started to circulate after a ship carrying 42 thousand tons of diesel met with a marine accident due to strong winds near the Amchit coast.

Abu Chakra said: “There is no crisis in fuel oil because of this incident.”

He added, “I made a call with the Head of Oil Importing Companies Group, Maroun Al-Shamas, who confirmed that the ship, which had a normal malfunction due to weather conditions, will be towed to Beirut.”

Chakra said the ship will be unloaded within 48 hours, and there is a second ship loaded with diesel coming to Lebanon.

Chakra reassured that diesel will be available during the next week and there is no crisis but a shortage because of the huge demand due to the cold weather.

He also expressed hope that all roads would be accessible in mountainous areas, following a snowstorm that has hit Lebanon recently.