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.
  • Russia’s Rosatom starts construction of Egypt’s first nuclear plant

    Russia's state atomic energy corporation Rosatom has launched the construction of Egypt's first nuclear power plant, a $25-billion project billed...

    The construction launch "means that Egypt has joined the nuclear club," Likhachev said, according to Rosatom

    The project is expected to cost around $25 billion euros, according to the Egyptian press, paid with a loan from Moscow

  • Tunisia’s Kais Saied: saviour or autocrat-in-waiting

    On Monday, Tunisians will vote in a landmark referendum that could install a vastly different system: one that bears the...

    On Monday, Tunisians will vote in a landmark referendum that could install a vastly different system: one that bears the hallmarks of the 64-year-old's philosophy

    Saied grew up in a middle-class Tunis suburb and became prominent in 2011, appearing on television to discuss constitutional law

  • Tunisia to vote on constitution seen as threat to democracy

    Tunisians will vote Monday on a constitution that would give President Kais Saied almost unchecked powers, a key moment in...

    The president's opponents have called for a boycott, but while observers have predicted most Tunisians will snub the poll, few doubt the charter will pass

    The leader of Saied's "new republic" would have ultimate executive power and would appoint a government without the need for a confidence vote in parliament

  • Russia’s Foreign Minister to address Arab League at its headquarters

    The war in Ukraine has caused food insecurity in Arab nations, many of which are heavily dependent on wheat imports...

    Russia's Foreign Minister Sergei Lavrov will meet Arab League head Ahmed Aboul Gheit and representatives of 22 nations.

    On Tuesday, Iranian President Ebrahim Raisi hosted a summit that was attended by his Russian and Turkish counterparts.

  • Saudi Arabia, Jordan review border security cooperation

    Saudi Arabia and Jordan explored enhancing security cooperation in border security, developing human resources and training, and exchanging experiences. Border...

    Border Guard officials of Saudi Arabia and Jordan discuss security cooperation in meeting

    The officials also share experiences and discuss developing human resources at meeting in Jeddah

  • Russia resumes critical gas supplies to Europe via Nord Stream

    Russia on Thursday resumed critical gas supplies to Europe through Germany, reopening the Nord Stream gas pipeline after 10 days,...

    The German government had feared that Moscow would not reopen the pipeline after the scheduled work

    Gazprom has cut flows to Germany via the vital Nord Stream 1 pipeline by some 40 percent in recent weeks

  • UAE, Korea discuss cooperation in food security, health, technology

    Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million.

    Emirati exports to South Korea increased by 34 percent in 2021 compared to 2021, reaching $679 million

    The value of non-oil trade between the two countries in H1 2022 amounted to US$1.3 billion, a 19 percent increase compared to the same quarter last year

  • Rights group slams Morocco, Spain over migrant deaths

    Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier.

    Moroccan authorities have said 23 migrants died when some 2,000 people, many from Sudan, stormed the frontier

    Spanish premier Pedro Sanchez initially blamed "human trafficking mafias" for what he said was "a well-organized violent assault" on the frontier

  • US seeks billions in Africa investment: aid agency chief

    Washington wants to foster billions of dollars of investment in Africa, the head of its delegation to a US-Africa business...

    Albright was speaking at the US-Africa Business Summit in Marrakesh, an annual conference organized by private organization Corporate Council on Africa

    The meeting will bring together African political and business leaders as well as decision-makers and investors from the US private sector

  • Iraq PM blames Turkey after Kurdistan shelling kills 9 civilians

    Nine civilians including children were killed in a park in Iraq's autonomous Kurdistan region Wednesday by artillery fire that Baghdad...

    Iraq said it was recalling its charge d'affaires from Ankara and summoning Turkey's ambassador

    Turkey's foreign ministry said these "kinds of attacks" were committed by "terrorist organisations."