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

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.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Russian president to make ‘imminent’ visit to Turkey

  • Turkey's media have mentioned February 12 as a likely date of Putin's visit
  • The war in Gaza, energy, Black Sea trade routes and Syria will likely be discussed

Istanbul, Turkey– Turkish Foreign Affairs Minister Hakan Fidan on Sunday confirmed an imminent visit by Russian President Vladimir Putin, without announcing an exact date.

“This visit will provide us the opportunity to discuss numerous issues,” the minister told state television station TRT Haber.

Local media have mentioned February 12 as a likely date, but the office of President Recep Tayyip Erdogan hasn’t confirmed it.

Turkey, which would be the first NATO member that Putin visits since the February 2022 start of his invasion of Ukraine, last month finally approved Sweden’s entry into the Atlantic alliance.

Erdogan has managed to maintain trade and political relations with both Ukraine and Russia, allowing Russia to avoid Western sanctions while selling weapons to Ukraine.

The last meeting between Putin and Erdogan was in September 2023 in Sochi, but they frequently talk by phone.

Fidan said energy, the war in Gaza, Black Sea trade routes and Syria will be on the agenda.

The two countries are on opposite sides in Syria, with disagreements over the presence of PKK Kurdish forces in north-east Syria.

Ankara and Moscow reached an accord in 2019 to stop a Turkish offensive in exchange for creating a 30-kilometre buffer zone between Turkish and PKK forces. Turkey accuses Russia of not respecting the pact.