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.
  • Saudi sending envoy to Lebanon after Yemen war spat: State media

    A diplomatic crisis broke out last October after the then-information minister George Kordahi was quoted criticizing the Saudi role in...

    The diplomatic row, which has also seen Saudi Arabia ban the imports of Lebanese goods, was a blow to a country already in the grip of economic crisis.

    We stress the fact that Lebanon is proud of its Arab allegiance and is adamant on maintaining the best ties with Gulf nations, PM Najib Mikati tweeted.

  • IMF reaches agreement on $3 billion deal for Lebanon

    The country has been battered by triple-digit inflation, soaring poverty rates, and the collapse of its currency since a 2020...

    PM Najib Mikati said the deal is "a visa stamp for donor countries to begin co-operating with Lebanon and to put Lebanon back on the global finance map".

    The aid would be released only after the parliament in Beirut approves a 2022 budget and a new bank secrecy law to fight corruption.

  • EU court rules in favor of Mubarak family on assets freeze

    The European Court of Justice ruled Wednesday in favor of the family of late Egyptian president Hosni Mubarak and confirmed...

    The European Union had decided in March last year to end sanctions it had imposed on Mubarak, his wife, two sons and their wives.

    The sanctions included a freeze on assets held in the EU and a ban on any citizens or entities from the 27-nation bloc making funding available to those on the blacklist.

  • Dangerous stray dogs pose culling dilemma in North African cities

    Authorities opened an inquest Friday into the death of a 16-year-old girl after she was mauled as she walked to...

    A similar tragedy struck in neighboring Algeria last month, when a 12-year-old was killed and half-eaten by dogs in the Blida area.

    Many stray dogs in the Maghreb region pose an additional threat: rabies, a virus that attacks the central nervous system and leads to a painful death.

  • Civilians try to flee east Ukraine as Russia prepares attack

    More than 11 million people in Ukraine have been displaced since Russia invaded on February 24, aiming to seize the...

    Russian troops have been withdrawing from around the capital and Ukraine's north, leaving a trail of destruction behind them

    The scenes of carnage left behind by retreating troops in towns like Bucha have led to a wave of fresh sanctions against Moscow

  • Yemen president transfers power to leadership council

    In a major shake-up in the coalition battling Houthi rebels, Yemen's president Abedrabbo Mansour Hadi has formed a new council...

    A United Nations-brokered truce that started on Saturday has offered a glimmer of hope in the conflict amid the humanitarian crisis

    The truce came as peace talks were unfolding in Riyadh without the participation of the Houthis, who refused talks on ‘enemy’ territory

  • Three rockets land near oil refinery in northern Iraq

    It comes less than a month after Iran's Revolutionary Guards claimed an assault on Arbil that it said targeted an...

    The rockets fell near the Kawergosk refinery, one of the largest in oil-rich Kurdistan

    The refinery is located about 20 kilometers (12 miles) northwest of regional capital Arbil

  • Iran hands UN nuclear watchdog documents on undeclared sites

    Iran on Wednesday said it has sent documents on its undeclared nuclear facilities to the UN atomic watchdog, bringing it...

    The move brings it a step closer to reviving its 2015 nuclear accord.

    International Atomic Energy Agency will come to Iran to review responses and then prepare their final report.

  • Pope Francis to visit crisis-hit Lebanon in June

    Lebanon, home to one of the largest Christian communities in the Middle East, has been gripped by an unprecedented economic...

    The pontiff, who has received Lebanon's president and prime minister in the Vatican in recent months, had previously promised to visit the country.

    The last trip in 2012 saw Pope Benedict XVI visit to appeal for peace, months after the start of the civil war in neighboring Syria.

  • Environmental issues major cause of health problems globally: WHO

    Environment-related issues are among the major causes of health problems worldwide, the World Health Organization has said. In the Eastern...

    In the Eastern Mediterranean Region, environmental risks responsible for 23 percent of the total burden of disease and as much as 30 percent of the disease burden for kids.

    April 7 is being observed as the World Health Day 2022; it will be focusing on environmental threats and their effect on the health of the planet.

In Brief

Most Read