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

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.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.
  • China’s President Xi expected to visit Saudi Arabia: Saudi FM

    Prince Faisal bin Farhan hailed the "historical and solid relationship" between the major oil exporter and Beijing after talks with...

    The potential visit comes at a time of strained ties between Saudi Arabia and long-standing ally the United States

    Xi visited Saudi Arabia in January 2016, the year before Prince Mohammed was named as heir to the throne, ushering in a period of reform

  • Iraq parliament approves new government after year of deadlock

    Prime Minister Mohammed Shia al-Sudani's 21-member cabinet is expected to face myriad challenges. The oil-rich but war-ravaged country is plagued...

    Sudani, 52, was chosen to form the new government on October 13 following months of infighting between key Shiite Muslim factions

    The movement of firebrand cleric Moqtada, Sudani's rival in Iraq's majority Shiite camp, refused to join the government

  • Netanyahu eyes return to power as Israel votes yet again

    Lapid sails into the November 1 election just days after a diplomatic breakthrough -- finalising a landmark maritime border deal...

    The longest-serving leader in Israeli history, the 73-year-old right-winger and security hawk is for the first time in years campaigning from the opposition

    He is up against the centrist caretaker Prime Minister Yair Lapid, who last year manoeuvred a motley alliance of eight parties into a coalition

  • Israel, Lebanon strike ‘historic’ maritime border deal

    UN chief Antonio Guterres said he "strongly" believed the deal can promote stability in the region and create "enhanced prosperity...

    The agreement was signed separately by Lebanon's President Michel Aoun in Beirut and by Israel's Prime Minister Yair Lapid in Jerusalem

    US President Joe Biden hailed the "historic" deal, that comes as Western powers clamour to open up new energy production and reduce dependence on Russia

  • UAE President, Austrian Chancellor discuss bilateral relations

    UAE President Sheikh Mohamed bin Zayed Al Nahyan and Federal Chancellor of the Republic of Austria Karl Nehammer met in...

    Leaders of UAE and Austria affirmed their interest in strengthening bilateral relations, especially in technology, energy, innovation and food security.

    The two leaders underscored the importance of taking action to ease tension and promote dialogue to resolve crises with humanitarian, economic and food security implications.

  • Israel PM claims Lebanon ‘recognizes’ Israel in sea border deal

    Jerusalem, Undefined—Prime Minister Yair Lapid on Thursday claimed Israel's foe Lebanon de-facto "recognizes" the Jewish state, due to a sea border...

    The premier was speaking at the opening of a cabinet meeting convened to formally approve the deal, hours ahead of the expected signing by the two parties

    Washington has played a key role in mediating the lengthy negotiations between Israel and Lebanon, who remain technically still at war

  • Arab-Israeli banker talks up Saudi market at investor forum

    Samer Haj-Yehia, the Arab-Israeli chairman of Bank Leumi since 2019, was addressing the Future Investment Initiative, a three-day conference held...

    "You see the economy is very healthy, unlike other economies around the world, and the prospects for the future are very positive," he said.

    His comments follow rampant speculation about future bilateral ties between Saudi Arabia and Israel, which US officials stoked ahead of Joe Biden's visit to Jeddah in July.

  • UAE tops list of foreign direct investors in Egypt: Egyptian PM

    The UAE president Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El Sisi, President of Egypt have met recently...

    The UAE president Sheikh Mohamed bin Zayed Al Nahyan, and Abdel Fattah El Sisi, President of Egypt have met recently on several occasions

    Egypt eyes the effective participation of UAE investors under the umbrella of the State Ownership Policy Document, Egyptian PM Madbouly said

  • Fifteen dead in attack on Shiite shrine in Iran

    At least 15 people were killed Wednesday in an attack on a key Shiite Muslim shrine in southern Iran, state...

    Local judiciary chief Kazem Mousavi told state television that "only one terrorist was involved in this attack."

    Iranian media published images and video footage showing bloodied bodies covered in cloth lying inside the shrine

  • Israel targets multiple positions in strikes on Damascus

    Continuing with its belligerence toward Syria, Israel attacked many positions near Damascus in the early hours of Thursday, in the...

    According to Syria, its air defense intercepted several missiles, but the ministry did not provide details on targets

    While Israel rarely comments on the strikes it carries out on Syria, it has repeatedly said it will not allow its archfoe Iran to gain a foothold there