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 shoots down Turkish drone over Syria

    US troops observed drones carrying out strikes early Thursday, some of them inside a "restricted operating zone" (ROZ) near Hasakeh,...

    The shootdown came as Turkey targeted Kurdish forces in Syria following a suicide bombing in Ankara that was claimed by the Kurdistan Workers' Party

    Defense Secretary Lloyd Austin spoke with his Turkish counterpart Yasar Guler on Thursday, urging "de-escalation in northern Syria

  • UN’s Syria envoy deplores ‘horrific’ bloodshed

    "I am gravely concerned by the escalating violence in Syria today," Geir Pedersen, the UN Special Envoy for Syria, said...

    An attack on a Syrian military academy in Homs killed more than 100 people, a war monitor said, with state media blaming "terrorist organization"

    Separately, Turkish air raids in the Kurdish-held northeast killed at least nine people after Ankara had threatened raids in retaliation for a bomb attack

  • UAE President receives Speaker of Iranian Parliament

    Abu Dhabi, UAE – UAE President Sheikh Mohamed bin Zayed Al Nahyan on Thursday received Mohammad Baqer Qalibaf, Speaker of...

    During the meeting at Qasr Al Shati in Abu Dhabi, the UAE president conveyed his greetings to Iranian president Dr Ebrahim Raisi

    The two sides discussed relations between the two countries and ways to enhance ties, especially at the parliamentary level

  • West responsible for Ukraine war, Russia wants ‘New World’ says Putin

    Moscow, Russia - President Vladimir Putin said Thursday that Russia's mission was to create a "new world" and blamed Western hegemony...

    Putin has portrayed Russia's full-scale military intervention in Ukraine -- launched in February 2022 -- as part of a long-standing confrontation with the West

    Putin said the conflict in Ukraine was "not a territorial" one and that Moscow has "no interests from the point of view of conquering some territories"

  • Middle East economic growth to fall in 2023, says World Bank

    WASHINGTON, US - The growth of the economies in the Middle East and North Africa (MENA) is expected to fall...

    The region’s gross domestic product is expected to fall to 1.9 percent in 2023 from 6 percent in 2022, due to oil production cuts.

    The decline in growth this year is expected to be more pronounced in the oil exporting countries of the Gulf Cooperation Council.

  • X removes headlines from news articles shared by users

    The changes brought a good deal of criticism, journalist Tom Warren of The Verge website posting on X: "It's the...

    Elon Musk said the change was for "aesthetic" reasons -- news and other links now appear only as pictures with no accompanying text

    When the changes to links were first mooted in August, Musk posted: "This is coming from me directly. Will greatly improve the esthetics."

  • Israeli forces kill two Palestinian fighters in occupied West Bank

    Tulkarem, Palestinian Territories - Israeli forces killed two Palestinian fighters in the occupied West Bank on Thursday, the Palestinian health ministry...

    Israel's military said a gunfight had erupted after soldiers identified a "suspicious vehicle" near the area's Shufa village

    The incident came after reports that an Israeli vehicle was shot at in the area, according to the army statement

  • Qatar, Iran discuss cooperation in free zones, investment

    DOHA, QATAR -  Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad bin...

    The Qatari minister and the Advisor to the Iranian President discussed reinforcing cooperation between the two countries.

    The Iranian leader and accompanying delegation toured the Free Zones at Ras Bufontas and Umm Alhoul Free Zone.

  • Turkish strikes on Kurdish targets kill two in Syria: monitor

    Turkey has also launched strikes on positions of the Kurdistan Workers' Party (PKK) in northern Iraq since Sunday, when two...

    One of the strikes on the Kurdish-controlled region of Hasakeh hit a car, killing two people, said the Syrian Observatory for Human Rights

    In another strike, "Turkish drones targeted a factory north of Hasakeh, injuring three workers", said Farhad Shami, the spokesman for the Kurdish-led SDF

  • Largest climate fund seeks new funding for vulnerable

    The Green Climate Fund (GCF) was set up as part of the landmark 2015 Paris Agreement to funnel grants and...

    The Green Climate Fund says Thursday's conference in Germany will allow it to invest more in a decade it sees as critical for climate action

    It has laid out a 50by30 vision to manage $50 billion by 2030, almost triple its current capital of $17bn, to focus efforts on developing countries