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

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Iran offers to solve Lebanon’s electricity shortage

  • Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah
  • Lebanon has been facing severe electricity crisis, with frequent power outages affecting households and businesses

Tehran, Iran – Iran’s Foreign Minister, Hossein Amir-Abdollahian, has offered to solve Lebanon’s electricity shortage issue through bilateral cooperation despite US sanctions, mehrnews reported on Saturday. 

During his visit to Beirut, Amir-Abdollahian stated that Iran can solve the problem if both countries agree on joint cooperation, despite US pressure and failed sanctions.

“Of course, the US pressures and fearmongering about sanctions are among the problems in this regard, but you should know that the US sanctions have failed,” he said.

“Given Iran’s capabilities, [bilateral] cooperation in the electricity and gas sectors is a profitable and two-way business both for Lebanon and Iran and of course, it helps to improve the Lebanese people’s welfare,” the top Iranian diplomat added.

Lebanon has been facing severe fuel and electricity crises, with frequent power outages affecting households and businesses. 

Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah. Negotiations between Tehran and Beirut on resolving the electricity shortage are ongoing.

Additionally, Amir-Abdollahian stated that Iran and Saudi Arabia will reopen their embassies and consulate generals in the coming days, almost two months after agreeing to normalize relations severed seven years ago. 

The resumption of relations is expected to have positive outcomes for regional countries, including Lebanon.