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.

UN calls for release of UAE-flagged ship seized by Yemen rebels

  • The Saudi-led military coalition backing Yemen's internationally-backed government against the rebels said the Rwabee was returning from a mission to set up a field hospital
  • The Iran-backed Huthis released images of what they said were military jeeps and weapons on board the vessel, which was captured off the key rebel-held Red Sea port of Hodeida

The UN Security Council on Friday called for the “immediate release” of an Emirati-flagged vessel and its crew who have been held by Huthi rebels in Yemen since the beginning of January, and a de-escalation of the situation.

The Saudi-led military coalition backing Yemen’s internationally-backed government against the rebels said the Rwabee was returning from a mission to set up a field hospital, and called the seizure an act of piracy.

But the Iran-backed Huthis released images of what they said were military jeeps and weapons on board the vessel, which was captured off the key rebel-held Red Sea port of Hodeida.

In a statement drafted by Britain and adopted unanimously, the 15-member Security Council “demanded the immediate release of the vessel and its crew and “underscored the necessity of ensuring the crew’s safety and well-being.”

The Council highlighted “the importance of freedom of navigation in the Gulf of Aden and Red Sea” and urged “all parties to de-escalate the situation in Yemen,” including by working with the UN’s special envoy to return to the negotiating table.

In a recent letter to the United Nations, the United Arab Emirates noted that the Rwabee’s crew consisted of 11 members: 7 Indians (India is a non-permanent member of the Security Council), and others from Ethiopia, Indonesia, Myanmar and the Philippines.