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.

Turkey holds to its stance, objects Finland, Sweden joining NATO

  • Ankara has also demanded the two countries lift their weapons freezes on Turkey
  • Erdogan's foreign policy chief Ibrahim Kalin reported no breakthrough at the Brussels talks
Turkey on Monday said it did not view next week’s NATO summit as a final deadline for resolving its objections to Finland and Sweden joining the Western defense alliance. 

The comments from Turkish President Recep Tayyip Erdogan’s top foreign policy adviser followed a round of urgent talks in Brussels that NATO leaders had hoped would pave the way for the Nordic states’ formal approval to join the bloc at the Madrid summit.

Ankara has accused Finland and Sweden of providing a safe haven for outlawed Kurdish militants whose decades-long insurgency against the Turkish state has claimed tens of thousands of lives.

Ankara has also demanded the two countries lift their weapons freezes on Turkey.

Erdogan’s foreign policy chief Ibrahim Kalin reported no breakthrough at the Brussels talks.

“The Madrid NATO summit is not the deadline, so our negotiations will continue,” Kalin told reporters.

“The existence of terrorist organizations must end in those countries. That is what we expect both from Finland and Sweden.”

NATO chief Jens Stoltenberg called the meeting “constructive” while conceding that Turkey’s “legitimate” concerns had still not been fully addressed.

“Turkey’s has legitimate security concerns over terrorism that we need to address,” Stoltenberg said.

“So we will continue our talks on Finland and Sweden’s applications for NATO membership, and I look forward to finding a way forward as soon as possible.”