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 king chairs cabinet meeting after ‘recovery’

  • King Salman "thanked his sons and daughters, the people of the kingdom, for their kind prayers" during his recovery
  • He also expressed his gratitude to everyone who sent him wishes of health and well-being

Riyadh, Saudi Arabia – Saudi Arabia’s king chaired a virtual cabinet meeting on Tuesday, state media said, his first after the royal court announced earlier this month he had a lung infection.

At the beginning of the session, King Salman “thanked his sons and daughters, the people of the kingdom, for their… kind prayers” during his recovery, the official Saudi Press Agency said.

“He also expressed… his gratitude to everyone who sent him wishes of health and well-being,” SPA said.

It said Saudi Arabia’s de facto ruler, 38-year-old Crown Prince Mohammed bin Salman, and cabinet ministers “extended their praise and thanks to God for the (king’s) recovery”.

SPA published close-up images of the 88-year-old monarch as he looked at a screen broadcasting the cabinet session.

The meeting comes nearly 10 days since the royal court said the king had a lung infection and was undergoing treatment involving antibiotics.

An earlier statement said he was suffering from a high temperature and joint pain.

King Salman has been on the throne since 2015, although Prince Mohammed was named crown prince in 2017 and acts as day-to-day ruler.