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.

US pledges support as Israel heads to elect new PM

  • Blinken, in a telephone call to Foreign Minister Yair Lapid, who will become caretaker prime minister confirmed that President Joe Biden still plans to visit Israel next month
  • The coalition government led by the right-wing Naftali Bennett and centrist Lapid had sought to tone down and depoliticize Israel's relations with the United States
US Secretary of State Antony Blinken on Tuesday promised strong support for Israel as the ally heads to its fifth election in less than four years.In a telephone call to Foreign Minister Yair Lapid, who will become caretaker prime minister in an unwieldy coalition arrangement, Blinken confirmed that President Joe Biden still plans to visit Israel next month.

Blinken “underscored our respect for democratic processes and reiterated our unwavering commitment to the strong US-Israel strategic relationship,” State Department spokesman Ned Price said in a statement.

Blinken “emphasized our continuing close coordination on regional and global issues,” he said.

Price earlier told reporters: “The strength of our relationship does not depend on who sits in the Oval Office. It doesn’t depend on who sits in the prime minister’s chair in Israel.”

The snap election could see a comeback bid by Benjamin Netanyahu, the veteran right-wing politician who had a tense relationship with former US president Barack Obama, under whom Biden was vice president.

The coalition government led by the right-wing Naftali Bennett and centrist Lapid had sought to tone down and depoliticize Israel’s relations with the United States, Israel’s crucial ally.

Netanyahu had rallied behind the US Republican Party, especially in its hawkish line on Iran and opposition to a nuclear deal with Tehran negotiated under Obama.

Netanyahu’s stance and Israel’s rightward turn in handling the Palestinian issue have alienated left-leaning members of Biden’s Democratic Party, which historically supported Israel.