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.
  • Oil prices surge to multi-month highs, mixed day for global stocks

    Production limitations set by the OPEC + exporters "are continuing to offset concerns over demand," said Fawad Razaqzada, market analyst...

    China slipped into deflation for the first time in more than two years in July, official data showed

    Despite the anemic China figures, crude oil prices vaulted higher with European benchmark Brent futures jumping 1.6 percent

  • US accuses Sudan of threatening to expel UN mission

    United Nations, United States--The United States on Wednesday accused Sudan of having threatened to expel the United Nations mission from the...

    US ambassador whose country is chairing the Council in August, deplored the absence of Volker Perthes, the special representative of the secretary-general in Sudan

    Sudan war, pitting army under General Abdel Fattah al-Burhan against the paramilitary Rapid Support Forces (FSR) of General Mohamed Hamdan, began in April

  • 41 migrants missing after new Mediterranean shipwreck

    The metal boat overturned in bad weather during the night of Thursday to Friday after setting off from the Tunisian...

    A Frontex plane on Tuesday morning spotted "a metal boat with four people on board" in waters covered by Libyan search and rescue, the agency said

    IOM press officer said the migrants' boat would have been ill-equipped for the kind of bad weather seen in the Central Mediterranean in the past week

  • Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare

    Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

  • Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality...

    Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare

    Experts stress the urgent need for regulation and careful consideration of the risks and benefits associated with PMCs in an increasingly complex and conflict-prone world

  • Lebanon to ban Barbie film for allegedly promoting homosexuality

    BEIRUT, LEBANON - Lebanon's culture minister said on Wednesday he had asked authorities to ban hit movie "Barbie" for purportedly "promoting...

    The film, which has topped $1 billion in global revenues, was due to be screened in Lebanese cinemas from August 31.

    Though it was widely anticipated by LGBTQ communities worldwide, the film does not contain any overt references to same-sex relationships.

  • Russia blames Poland, Finland for ‘threats’ on western border

    Moscow, Russia - Moscow accused Poland and Finland of threatening its security on Wednesday and vowed a response to multiplying "threats"...

    Threats to security of Russia have multiplied in west and northwest, Russian defense minister said.

    He singled out Poland, which he said was being "militarized" and used by the United States "as the main instrument of anti-Russian politics".

  • BRICS will benefit greatly with UAE, Saudi Arabia as members: Expert

    Dubai, UAE --  Granting the United Arab Emirates the status of a member of BRICS group (Brazil, Russia, India, China,...

    Mohamed Badine El Yattioui, an IR expert at the American University in UAE, said strong economies make UAE, Saudi Arabia ideal BRICS candidates.

    He said their entry into the grouping will push the western countries towards accepting a new world order.

  • Oman fostering international cooperation with Iran’s participation: Minister

    Tehran, Iran -- Oman has said it has been making efforts to facilitate regional and international cooperation by with the...

    Omani Foreign Minister Sayyid Badr Albusaidi referred to the recent talks between Iranian President Ebrahim Raisi and the Omani Sultan Haitham bin Tarik.

    Iran had said that it had been engaged in indirect negotiations with the United States through Oman, with nuclear issues, US sanctions and detainees on the agenda.

  • ADFD finances $105.4m energy security project in Tanzania

    ABU DHABI, UAE -  The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of...

    The project’s objective is to fully connect the Kagera administrative region with the national electricity grid.

    It will reduce dependency on energy imports from Uganda and provide sustainable electricity source.