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.

Saudi sole bidder to host 2027 Asian Cup after India exit

  • The Asian Football Confederation said in a statement that the All India Football Federation had pulled out from the selection.
  • The statement did not provide any reasons for India's decision.

KUALA LUMPUR, MALAYSIA – Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India withdrew its bid.

The Asian Football Confederation (AFC) said in a statement that the All India Football Federation had pulled out from the selection.

The statement did not provide any reasons for India’s decision.

In October the AFC’s executive committee shortlisted India and Saudi Arabia as potential hosts.

“The Asian Football Confederation has been officially notified by the All India Football Federation (AIFF) of their decision to withdraw their bid from the AFC Asian Cup 2027 host selection process,” the regional body said Monday without elaborating.

Three-time champions Saudi Arabia will now probably host their first AFC Asian Cup.

The AFC Congress will formally decide the host in the Bahrain capital of Manama in February next year.

Saudi Arabia caused one of the biggest shocks in the ongoing World Cup in Qatar when they beat Argentina 2-1 in their opening match. But the team were not able to advance past the first round.

The 2023 Asian Cup will also be hosted by Qatar. It was previously set to be held in China but the country withdrew because of Covid.

The Asian Cup is staged every four years.

Qatar won the tournament’s last edition, in 2019, which was hosted by the United Arab Emirates.