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

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.

BYD 2025 revenue surges

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

Norway vows to increase funding for UNRWA

  • Norway has vowed to provide NOK 1.1 billion ($124 million) over a period of four years to UNRWA
  • It is expected to help the organization protect children and boost initiatives to combat sexual and gender-based violence

Foreign Minister of Norway Anniken Huitfeldt has vowed to increase its funding to the UN’s Refugee and Works Agency for Palestine Refugees (UNRWA).

Huitfeldt pledged to provide NOK1.1 billion ($124 million) in next four years, according to the official Palestine News and Info Agency.

“I am deeply concerned about UNRWA’s financial situation. UNRWA plays a key role in ensuring that the rights and basic needs of Palestine refugees are met and promoting stability in the Middle East,” he said.

“This is why Norway is now increasing its funding for UNRWA and will provide a total of NOK 1.1 billion over a period of four years,” said the minister.

The promise came during a meeting in Oslo between Huitfeldt and Philippe Lazzarini, the Commissioner-General of UNRWA .

Huitfeldt said her country would make agreement to fund NOK700 million ($78.72 million) to the core budget of UNRWA, and would continue to support UNRWA’s humanitarian programs with NOK400 million (almost $45 million).

Norway’s support is expected to help UNRWA protect children and boost its initiatives to fight sexual violence and gender-based violence.

“UNRWA’s ability to provide services is important for stability in the Middle East. Norway recognizes this and will continue to give priority to providing support to the agency, in solidarity with the refugees,” said Huitfeldt.

“These multi-year agreements will provide greater predictability and make it easier for UNRWA to plan its operations and spending. I call on other donors to increase their funding as well,” she added.