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 carries out fresh strikes against Yemen’s Houthis

  • The air campaign against the Houthis began last week with American and British strikes on nearly 30 sites in Yemen using more than 150 munitions
  • Washington is also seeking to put diplomatic and financial pressure on the Houthis, re-designating them as a "terrorist" entity

Washington, United States– The US military carried out another round of strikes against Yemen’s Houthi rebels on Friday, targeting missile launchers that were preparing for attacks on shipping in the Red Sea, the White House said.

Washington is seeking to reduce the Iran-backed Houthis’ capabilities, but the Yemeni rebels are still able to attack despite a week of strikes, and they have vowed that they will keep targeting merchant vessels.

The Houthis began striking Red Sea shipping in November, saying they were hitting Israeli-linked vessels in support of Palestinians in Gaza, and subsequently declared American and British interests to be legitimate targets as well.

“This morning, US forces conducted three successful self-defense strikes against Houthi targets in Yemen,” National Security Council spokesman John Kirby told reporters.

“This is the fourth preemptive action that the US military has taken in the past week against Houthi missile launchers that were ready to launch attacks,” Kirby said.

“These actions were… done in self-defense, but it also helps make safer international waters for both naval vessels as well as merchant shipping.”

The air campaign against the Houthis began last week with American and British strikes on nearly 30 sites in Yemen using more than 150 munitions, while US forces later attacked a Houthi radar site in what was described as “a follow-on action” to the previous strikes.

Since then, American forces have carried out further air raids against missiles that Washington says were ready to launch and posed a threat to both civilian and military vessels.

Washington is also seeking to put diplomatic and financial pressure on the Houthis, re-designating them as a “terrorist” entity after previously dropping that label soon after President Joe Biden took office.

Yemen is just one part of a dangerous and growing crisis in the Middle East, with Iran-backed fighters carrying out attacks on US troops in Iraq and Syria, Israel and Hezbollah exchanging cross border fire on a near-daily basis, and the war against Hamas taking a devastating toll on Palestinians in the Gaza Strip.