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 rises as China eases Covid restrictions, Russia price cap

    World oil prices rallied after more easing of Covid containment measures in China and as a price cap on Russian...

    In currency trading, the dollar was mixed against its main rivals.

    The Kremlin insisted the cap would not affect Russia's military campaign in Ukraine.

  • Glencore to pay US$180m

    Payment for settling graft claims against firm in DR Congo.

    The settlement with DRC is related to investigations by the country's authorities and the US Department of Justice, Glencore said.

    Glencore disclosed in 2018 that the US Justice Department had launched a corruption investigation linked to the group's business in Nigeria, Venezuela and DRC.

  • Germany key destination for disillusioned Tunisians

    Europe's biggest economy, with its low birth rate, is crying out for labour, and many Tunisians, exhausted by years of...

    Numbers are still small but rising fast. Germany granted 5,474 work permits to Tunisians from January to October -- up from 4,462 in the whole of last year.

    Some employers offer contracts to help ease the visa process and even pay for six months of language tuition to help their future workers.

  • Saudi sole bidder to host 2027 Asian Cup after India exit

    KUALA LUMPUR, MALAYSIA - Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India...

    The Asian Football Confederation said in a statement that the All India Football Federation had pulled out from the selection.

    The statement did not provide any reasons for India's decision.

  • UAE President visits Qatar in sign of improving ties

    Ending a yearslong estrangement between the two countries, the UAE President Sheikh Mohamed bin Zayed will arrive in Doha today...

    According to WAM, the visit comes in response to an invitation from the Emir of Qatar Sheikh Tamim bin Hamad Al-Thani, and builds on the existing relations between the two nations

    The two leaders are expected to discuss bilateral ties and ways to enhance cooperation between the two Gulf states

  • Blinken warns incoming Israeli govt against settlements

    Washington, United States— US Secretary of State Antony Blinken vowed Sunday to oppose Israeli settlements or annexation in the West Bank,...

    Netanyahu will return to power after sealing a coalition deal with the extreme-right movements including Religious Zionism

    The November 1 election was Israel's fifth in less than four years and came after the collapse of a motley coalition that tried to keep out the scandal-plagued Netanyahu

  • Jordan and Algeria renew pledge to boost economic ties

    Algiers, Algeria— Jordan's King Abdullah and Algeria President Abdelmadjid Tebboune have stressed the importance of bolstering ties between the two...

    The leaders stressed the importance of bolstering cooperation between Jordan and Algeria, especially in the political, economic, trade, investment, and defense fields

    The king emphasised Jordan’s support for Algeria in its efforts to make the outcomes of the recent Arab Summit a success

  • Iranians in Iraq skeptical over end to morality police

    Iran may have abolished its feared morality police, but many of its citizens based in Iraq doubt reports that Tehran...

    On Saturday, Iran's attorney general said that the force had "been abolished"

    A 32-year-old journalist, Soma Hakimzada, born in Iraqi Kurdistan to parents who fled Iran, also viewed the move dimly

  • Stage set for UAE-Japan business council as Abu Dhabi secures 40% of Tokyo’s crude oil requirements

    The proposed bilateral business council, aimed at developing joint projects and exchange expertise, is likely to be formed by the...

    The proposed bilateral business council, aimed at developing joint projects and exchange expertise, is likely to be formed by the first quarter of 2023

    The amount of crude that Japan imported during that month amounted to 84.58m barrels, of which 80.10m barrels, originated from five Arab countries

  • Moroccans protest price hikes and ‘repression’

    Hit by the economic impact of the Covid-19 pandemic and inflation, poverty levels are back to where they were in...

    People converged from across Morocco for the protest, which was also called to highlight the cases of several jailed bloggers and journalists

    Consumer price inflation was 7.1 percent year-on-year in October, due in large part to surging food prices triggered partly by an intense drought