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.

Erdogan supports Ukraine, warns of ‘another Chernobyl’

  • Erdogan said that NATO member Turkey remained firmly on Ukraine's side in the conflict.
  • His talks with Zelensky and visiting UN chief Antonio Guterres came with global alarm rising about fighting that has raged around Ukraine's Zaporizhzhia nuclear power plant.

President Recep Tayyip Erdogan on Thursday threw Turkey’s support behind Ukraine and warned of the danger of “another Chernobyl” disaster erupting at a nuclear power plant held by invading Russian forces.

The Turkish leader met his Ukrainian counterpart Volodymyr Zelensky in Lviv just two weeks after flying to Sochi for talks with Russian President Vladimir Putin during which the two sides pledged to boost economic cooperation.

But Erdogan told reporters that NATO member Turkey remained firmly on Ukraine’s side in the conflict and would continue its diplomatic efforts to end the fighting.

“While continuing our efforts to find a solution, we remain on the side of our Ukraine friends,” Erdogan said.

His talks with Zelensky and visiting UN chief Antonio Guterres — both men’s first since Russia’s February invasion — came with global alarm rising about fighting that has raged around Ukraine’s Zaporizhzhia nuclear power plant.

The Russian-held facility has been experiencing days of shelling.

“We are worried. We do not want another Chernobyl,” said the Turkish leader.

Erdogan only mentioned Putin once in his comments to reporters.

“We discussed the exchange of prisoners of war and our initiatives in this regard,” Erdogan said.

“We will continue to talk about that with Mr. Putin.”