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.
  • Qatar renews call for nuclear-free Middle East

    The establishment of nuclear-free zones is a key step to boost non-proliferation system and achieve a full nuclear disarmament, says...

    The establishment of nuclear-free zones is a key step to boost non-proliferation system and achieve a full nuclear disarmament, says a top Qatari official

    Over the past decades, five nuclear weapon-free zones have been established that include the commitment of the signatories not to possess nuke arms

  • Iraq to provide Lebanon with fuel for another year: PM Mikati

    Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants in exchange for...

    For the past year, Lebanon's power plants have depended on the deal with Iraq to produce one to two hours of electricity per day.

    Residents in the poverty-stricken country largely rely on expensive private generators for power the rest of the time.

  • UN rights chief calls killing of Palestinian children ‘unconscionable’

    Of the 360 Palestinians reported injured, nearly two-thirds were civilians, including 151 children, 58 women and 19 older people, OHCHR...

    "Inflicting hurt on any child during the course of conflict is deeply disturbing," said Michelle Bachelet, the UN high commissioner for human rights.

    Her office said that 19 Palestinian children had been killed in the Palestinian territories in the recent unrest, taking the total number this year to 37.

  • Oil demand up as surging gas prices force countries to switch fuels: IEA

    Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are prompting countries...

    Oil prices have dropped by $30 per barrel from a peak in June due to growing supplies and "escalating concerns over the deteriorating economic outlook, IEA said.

    Prices of natural gas and electricity have jumped to new records, prompting some countries to switch to oil use.

  • Global youth unemployment set to slip to 73 million in 2022: UN

    The figure is still six million higher than the pre-pandemic level of 2019, with the recovery in youth unemployment lagging...

    Many dropped out of the labor force, or failed to enter it altogether, due to the difficulty of finding a job during Covid-19 lockdowns.

    The Arab states have the highest and fastest-growing unemployment rate of young people worldwide at 24.8 percent, 42.5 percent for young women.

  • Economists appeal to US to return Afghanistan’s frozen assets

    The economists said that the plunge in economic activity and the sharp cuts to foreign aid by previous supporters of...

    71 economists and development experts including Nobel economics prize winner Joseph Stiglitz and Yanis Varoufakis urged US to release Afghanistan's frozen assets

    They said a recent US offer to give the Taliban access to half the money by setting up a trust with international oversight was not enough

  • Jordan, Canada talk cooperation, regional developments

    Safadi lauded Canada's efforts to support the Kingdom's development process and help Jordan face economic challenges

    Safadi lauded Canada's efforts to support the Kingdom's development process and help Jordan face economic challenges.

    The two ministers reviewed a number of regional and international issues of common interest and efforts to resolve the region's crises

  • Afghan refugee flight arrives in Spain from Pakistan

    Foreign Minister Jose Manuel Albares was at Madrid's Torrejon de Ardoz airbase to meet them when the flight from Islamabad...

    Like other Western nations, Spain in August 2021 rushed to evacuate Afghans who helped Spanish troops and diplomats, as Taliban took over Kabul

    Madrid sent some 27,000 troops to Afghanistan over almost 20 years of involvement in the conflict of which a total of 102 of its soldiers died

  • Moqtada Sadr calls on judiciary to dissolve parliament

    Sadr justified his calls for judicial action by noting that constitutional deadlines for appointing a new president and prime minister...

    Sadr has invited MPs and his supporters to take legal action to demand that parliament be dissolved

    Iraq's former PM earlier had called for parliamentary sessions to resume in order to study a possible dissolution of the body

  • Iran dismisses claims Russia-launched satellite for ‘spying’

    Iran's Space Agency said the Khayyam satellite is entirely designed and built to meet the needs of the country in...

    Hassan Salarieh, the head of Iran’s Space Agency, told reporters that the spying allegation was 'basically childish'

    Iran maintains that he purpose of Khayyam is to monitor the country’s borders, boost agricultural productivity and monitor water resources and natural disasters