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.
  • Western powers sound alarm on China plan for South Pacific

    Western powers sounded the alarm Thursday over leaked plans to dramatically expand China's security and economic reach in the South...

    In a sign of the region's growing importance to Beijing, Chinese Foreign Minister Wang Yi landed in the Solomon Islands Thursday

    The package would offer 10 small island states millions of dollars in Chinese assistance, and prospect of a China-Pacific Islands free trade pact

  • One dead in ‘industrial accident’ near Iran military site

    One person has been killed in an "industrial accident" near an Iranian military complex that has previously come under scrutiny...

    The site came under renewed scrutiny by the International Atomic Energy Agency in 2015 when Tehran reached a landmark deal with major powers

    Iran had previously denied the IAEA access to Parchin, insisting it was a military site unrelated to any nuclear activities

  • China offers South Pacific nations security, free trade agreements

    The wide-ranging draft agreement and a 5-year plan will be the subject of discussion during Chinese Foreign Minister Wang Yi's...

    The wide-ranging draft agreement and a 5-year plan will be the subject of discussion during Chinese Foreign Minister Wang Yi's tour of Pacific nations

    The "comprehensive development vision" is believed to be up for approval when Wang meets regional foreign ministers on May 30 in Fiji

  • Saudi crown prince plans Turkey visit

    Saudi Arabia's crown prince expects to travel to Turkey next month, a Saudi official told AFP Wednesday. The trip by...

    "The kingdom is turning the page on its dispute with Turkey and strengthening its relations with its EU partners," an official said

    The trip came as Turkey, facing an economic crisis fuelled by the collapse of its currency, tries to draw support from energy-rich Gulf countries.

  • Partnerships, collaborations signed during Global Aerospace Summit 2022

    Several partnerships and collaboration agreements were signed between leading aerospace, aviation, space and defense organizations during the sixth edition of...

    LeoLabs announced a multi-million dollar award to provide data and services for the Japan Air Self Defense Force (JASDF).

    Sanad and Triumph Group sign MoU outlining their plans to collaborate on the provision of next-generation engine MRO capabilities in UAE.

  • Sanctions hit Russia, Iran to boost cooperation in energy and trade

    Tehran and Moscow are seeking to expand cooperation in energy and trade, officials said Wednesday, as Russian Deputy Prime Minister...

    Both countries have huge oil and gas reserves but are constrained by sanctions imposed by the West.

    The two countries vowed to increase the use of their national currencies in their trade exchange.

  • Saudi authorities foil bid to smuggle amphetamine tablets: Official

    Saudi Arabian authorities said Wednesday that they thwarted an attempt to smuggle 403, 000 amphetamine tablets into the kingdom. An...

    The tablets were seized from a Syrian national, who is also a citizen of Jeddah governorate.

    All the tablets were hidden inside a shipment of beans in plastic molds in the form of bean pods.

  • Seeking new start, Russian professionals set up shop in Dubai

    Entrepreneurs, lawyers and art dealers are among those flocking to the financial hub in the oil-rich United Arab Emirates, which...

    They are attracted by the ease of setting up a business, and the prospect of better opportunities as sanctions bite at home -- and a more welcoming environment.

    The city, with its luxury hotels and tourist facilities, is well known to Russians as a high-end destination for the wealthy, particularly those interested in real estate.

  • Pfizer offers to sell medicines at cost to poorest countries

    US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the world's...

    The announcement came as part of a new initiative, An Accord for a Healthier World, announced at the World Economic Forum in Davos.

    The accord focuses on five areas: infectious diseases, cancer, inflammation, rare diseases and women's health -- where Pfizer currently holds 23 patents.

  • Iraqi arrested in plot to kill ex-president Bush

    Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the...

    Shihab Ahmed Shihab, 52, told an FBI informant that he wanted to smuggle at least four other Iraqis into the country over the border with Mexico to undertake the plot

    He was was arrested early Tuesday and was charged in federal court with an immigration crime and aiding and abetting the attempted murder of a former US official