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.

US approves sale of US$1bn anti-drone system to Qatar

  • The announcement on the sale of the systems comes after repeated drone attacks claimed by Tehran-backed Houthi rebels elsewhere in the Gulf region
  • The State Department approved the possible sale, and the DSCA on Tuesday provided the required notification to Congress, which still needs to sign off on the transaction

Washington, United States— The US government on Tuesday announced the approval of a $1 billion sale of FS-LIDS counter-drone systems and other equipment to Qatar.

“The proposed sale will improve Qatar’s capability to meet current and future threats by providing electronic and kinetic defeat capabilities against Unmanned Aircraft Systems,” the US Defense Security Cooperation Agency (DSCA) said in a statement.

“The total estimated program cost is $1 billion. This proposed sale will support the foreign policy and national security objectives of the United States by helping to improve the security of a friendly country,” it added.

Also read: https://trendsmena.com/geostrategy/blinken-to-arrive-in-qatar-for-strategic-dialogue-world-cup/

The announcement on the sale of the systems comes after repeated drone attacks claimed by Tehran-backed Huthi rebels elsewhere in the Gulf region, and as Russian drone strikes against Ukrainian cities further highlight the threat posed by unmanned aircraft.

Also read: https://trendsmena.com/business/qatar-discusses-growth-of-digital-economy-with-us-embassy/

The State Department approved the possible sale, and the DSCA on Tuesday provided the required notification to Congress, which still needs to sign off on the transaction.