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.

Spain, Morocco agree to reopen enclave land borders

  • The borders closed last year when Spain allowed the leader of a Western Saharan independence movement to be treated in a Spanish hospital
  • Around 10,000 migrants crossed the Moroccan border into Ceuta as border forces looked the other way, in an apparent punitive gesture by Rabat

Rabat and Madrid have agreed to reopen Morocco’s land borders with two Spanish enclaves, Spain’s foreign minister said on Wednesday, May 11.

The two countries have “reached a definitive deal for the reopening of the land borders with Ceuta and Melilla in the coming days”, Spanish Foreign Minister Jose Manuel Albares told journalists in the Moroccan city of Marrakesh, without setting an exact date.

The move helps draw a line under a major diplomatic standoff on the back of coronavirus restrictions that together closed the crossings for two years.

The borders became hostage to a major dispute last year when Madrid allowed the leader of a Western Saharan independence movement to be treated for Covid-19 in a Spanish hospital.

Ten thousand migrants surged across the Moroccan border into Ceuta as local border forces looked the other way, in what was widely seen as a punitive gesture by Rabat.

In March, Spain moved to end the diplomatic crisis with Morocco by removing its decades-long stance of neutrality and backing the kingdom’s autonomy plan for the Western Sahara, which Rabat insists must remain under its sovereignty.

Spanish Prime Minister Pedro Sanchez visited King Mohammed VI in early April.

The Spanish foreign minister’s announcement comes a month after a Spanish ferry docked in Morocco’s Tangiers port for the first time in two years.