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.

Iran court sentences German-Iranian man to death

  • Iran-born Sharmahd, 67, who is also a German national and a US resident, was arrested in August 2020.
  • Iran has carried out several executions in recent months that have sparked international outcry

TEHRAN, IRAN – A Tehran court Tuesday sentenced to death an Iranian-German dual national accused of being the leader of a “terrorist” group behind a deadly 2008 mosque bombing, the judiciary said.

“The Tehran Revolutionary Court sentenced Jamshid Sharmahd, the leader of the Tondar terrorist group, to death on the charge of corruption on earth through planning and directing terrorist acts,” the judiciary’s Mizan Online news agency reported.

Mizan said Sharmahd could appeal against his death sentence before the supreme court.

“The trial of this case was held in seven sessions in the presence of the accused and his lawyer, the plaintiffs and their families,” it said.

“According to the documents of the case, Sharmahd planned to commit 23 terrorist acts, of which he succeeded in five including the bombing of a mosque in (the southern city of) Shiraz on April 12, 2008, which killed 14 people and wounded 300 others.”

Iran-born Sharmahd, 67, who is also a German national and a US resident, was arrested in August 2020.

The group he is accused of leading aims to topple the Islamic republic and is outlawed as a terrorist organisation by Iran.

Tondar, which means “thunder” in Farsi, is also known as the Kingdom Assembly of Iran.

Iran has criticized its arch-enemy Washington for having welcomed Sharmahd, accusing it “of supporting known terrorists who have claimed responsibility for several terrorist acts” in Iran.

Sharmahd, whose dual nationality is not recognized under Iranian law, grew up in an Iranian-German family, and moved to California in 2003, where he reportedly made statements hostile to both Islam and the Islamic republic on Farsi-language television channels based outside Iran.

Iran has carried out several executions in recent months that have sparked international outcry. In mid-January, it executed Iranian-British dual national Alireza Akbari, a former Iranian official, after convicting him of spying.