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.

Saudi Arabia among five countries bidding for World Expo 2030

  • King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo
  • The other four countries competing to hold the event are South Korea; Italy; Ukraine and Russia

Saudi Arabia is among the five countries which are competing to organize World Expo 2030.

Other four countries in the fray, according to Fahd Al-Rasheed, CEO of the Royal Commission for Riyadh City are  South Korea, Italy, Ukraine and Russia.

The kingdom bid for the event following the announcement to this effect in October by Crown Prince Mohammad bin Salman bin Abdulaziz. 

The Kingdom submitted its file to host the World Expo 2030 during its participation in the virtual meeting of the Bureau of International Exhibitions (BIE) General Assembly, which was held on December 14 in the French capital, Paris. This has set in motion the five-stage selection process which will end in 2023.

This global event continues for six months and enables the host and participating countries to showcase the latest developments in science and technology, their respective cultures and heritage in addition to the progress made in the environment, social and economic sectors.