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.
  • Will tax the rich to avoid IMF ‘diktats,’ says Tunisia’s Saied

    Despite reaching an agreement in principle last October on a bailout package worth nearly $2 billion, talks with the IMF...

    "Instead of lifting subsidies in the name of rationalisation, it would be possible to introduce additional taxes on those who benefit from them without needing them," Saied said

    Tunisian president did not say how such a plan might operate as employees' taxes are deducted at source and many Tunisians in the private sector do not declare their full income

  • UAE and Switzerland to enhance cooperation between judiciaries

    Abu Dhabi, UAE - The UAE and Switzerland have discussed opportunities for cooperation between the Abu Dhabi Public Prosecution Office...

    The two sides highlighted the significance of direct communication between the judicial authorities to simplify procedures.

    They also shed light on the importance of concluding judicial agreements and exchanging relevant experiences.

  • US imposes economic, visa sanctions over violence in Sudan

    Washington, United States -- The White House on Thursday announced economic and visa sanctions against Sudanese leaders responsible for breaking...

    "We are following through by levying economic sanctions, imposing visa restrictions against actors who are perpetuating the violence," National Security Advisor Jake Sullivan said.

    Sullivan noted that the sanctions are being enacted under the authority ordered by President Joe Biden in May.

  • Court in Lebanon accuses Hezbollah men of killing UN peacekeeper

    A military judge has accused five members of the Iran-backed Hezbollah group, only one of whom is in custody, of...

    Footage from surveillance cameras near the scene of the incident "clearly shows the patrol being attacked by armed men from all sides", the court document read.

    Hezbollah has repeatedly denied involvement in the incident, and its security chief Wafic Safa has described the killing as "unintentional".

  • Turkish support in Germany for Erdogan fuels integration debate

    Strong backing for President Recep Tayyip Erdogan among Turks in Germany in last weekend's historic election has sparked renewed soul-searching...

    Erdogan's success in Germany was helped in large part by well-organised, and well-funded overseas organisations, said Gokay Sofuoglu, chairman of the Turkish Community in Germany

    While many Turks in Germany have high levels of education, good jobs and decent incomes, critics say some still feel disillusioned by low levels of participation in politics

  • NATO chief to visit Ankara in ‘near future’ to push Sweden membership 

    Turkey and Hungary are the only NATO countries that have yet to ratify Sweden's membership bid. Erdogan, who was re-elected...

    Stoltenberg said he had already spoken to Erdogan by phone earlier this week to "highlight the importance of making progress" on Sweden's membership

    Swedish Foreign Minister said Stockholm had fulfilled "all the commitments" to join NATO and urged Turkey and Hungary to allow his country into the alliance

  • UAE withdraws from US-led coalition that secures Gulf waterways

    "As a result of our ongoing evaluation of effective security cooperation with all partners, two months ago, the UAE withdrew...

    It is active in crucial but troubled Gulf waters where tankers have been seized and attacked in recent months.

    A spokesperson for the Combined Maritime Forces said the UAE remains a partner nation, despite putting its participation on hold.

  • Sudan army suspends participation in US, Saudi brokered truce talks

    The mediators of the talks in the Saudi Red Sea city of Jeddah have acknowledged repeated violations of the truce by...

    The Sudanese army said the paramilitary Rapid Support Forces (RSF) had also "repeatedly violated the truce", a Sudanese government official said

    Sudan specialist Aly Verjee said the mediators were eager to avoid a complete breakdown of the talks, for fear of a major escalation on the ground

  • Salvage of oil tanker stranded off Yemen can begin: UN

    In an unprecedented salvage plan, the UN has purchased a super-tanker to remove the oil from the vessel in the...

    The salvage operation, which will cost an estimated more than $140 million, has been assigned to a company called SMIT Salvage

    SMIT Salvage will pump the oil from the 47-year-old Safer to the now UN-owned ship called Nautica, and then tow away the empty tanker

  • UAE is a reliable trade partner: Iranian foreign minister

    Tehran, Iran-- Terming the UAE as a reliable trade partner, Iran's Foreign Minister Hossein Amir Abdollahian said bilateral between the...

    The Iranian foreign minister made the remarks during a meeting with Khalifa Shaheen Al Marar, Minister of State of the UAE

    Abdollahian said that ties between the two countries are strengthening at both the government and private sector levels