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.

Lebanon looks to import gas from Egypt

  • Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday
  • Dr. Madboulyr informed Mikati that Egypt was preparing a shipment of medical and food aid to be sent to Lebanon by sea

Lebanon Prime Minister Najib Mikati, who is on an official visit to Egypt discussed the prospect of importing gas from the country. 

Mikati held a meeting with Egyptian Prime Minister Dr. Mostafa Madbouly in Sharm El-Sheik on Monday in the presence of an accompanying Lebanese official delegation including Minister of Youth and Sports, George Kallas, and Lebanon’s Ambassador to Egypt, Ali Al-Halabi. 

On the Egyptian side, Egyptian Minister of Energy, Mohamed Shaker, and Egyptian Minister of Petroleum, Tarek El-Molla, attended the meeting. 

Discussions reportedly focused on the process of exporting Egyptian gas from Egypt to Lebanon.

Meanwhile, both sides agreed to sign a preliminary agreement between Lebanon, Egypt, Jordan, and Syria.  

Dr. Madboulyr informed Mikati that Egypt was preparing a shipment of medical and food aid to be sent to Lebanon by sea. 

It was also agreed to export Lebanese agricultural produce to Egypt.