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.

Iran names envoy to UAE after nearly eight-year absence

  • The move comes after Iran welcomed an Emirati ambassador last September ending a six-year absence
  • The UAE had cut the level of its diplomatic representation after neighbouring Saudi Arabia severed ties in 2016

Tehran, Iran – Iran has named an ambassador to the United Arab Emirates nearly eight years after his predecessor left, as a thaw in relations with the Gulf Arab states picks up pace.

“After some eight years, the foreign ministry has named Reza Ameri as the Islamic Republic of Iran’s new ambassador to the United Arab Emirates,” Iran’s official IRNA news agency reported late Tuesday.

The move comes after Iran welcomed an Emirati ambassador last September ending a six-year absence.

The UAE had cut the level of its diplomatic representation after neighbouring Saudi Arabia severed ties in 2016 following the ransacking of its diplomatic missions in Iran by protesters angered by its execution of a leading Shiite cleric.

After several of its Gulf allies led the way, Riyadh restored diplomatic relations with Tehran last month in a fence-mending deal brokered by Beijing.

Iranian President Ebrahim Raisi has accepted an invitation to Riyadh from Saudi Arabia’s King Salman, First Vice President Mohammad Mokhber confirmed on Monday.

Iran and the United Arab Emirates have long had close economic ties which continued even during the diplomatic chill.

A veteran diplomat who served most recently as director general of the foreign ministry’s diaspora affairs department, Ameri’s career had previously taken him to Algeria, Sudan and Eritrea.