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.

UAE wants political solution to Ukraine crisis: Anwar Gargash

  • The world is facing a difficult test and severe polarization imposed by the Ukrainian crisis, which threatens the foundation of international community, Gargash said.
  • Ministry of Foreign Affairs and International Cooperation (MoFAIC) had expressed particular alarm at the consequences for civilians present in Ukraine.

UAE wants a political solution to the Ukraine crisis and believes that taking sides would only encourage violence, said Anwar Gargash, UAE Minister of State for Foreign Affairs and adviser to President Khalifa Bin Zayed Al-Nahyan.

Gargash tweeted that UAE “has a firm position regarding the United Nations, international law and the sovereignty of states, rejecting military solutions”.

His comments came after the UAE abstained to vote on Friday on a draft United Nations Security Council resolution deploring Moscow’s invasion of Ukraine.

“The world is facing a difficult test and severe polarization imposed by the Ukrainian crisis, which threatens the foundations of the international community and increases the factors of instability. From our experience in a region full of crises, we believe that political solutions and creating balances that enhance security and stability are the best way to confront crises and limit their effects,” Gargash said.

“We believe that alignment and positioning will only lead to more violence, and in the Ukrainian crisis, our priorities are to encourage all parties to adopt diplomacy and negotiate to find a political settlement that ends this crisis,” he said.