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

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Kuwait cancels plan to shut businesses from Tuesday

    • The country will allow only those who are vaccinated to various activities

    • It will allow direct flights to Morocco and Maldives starting Aug. 1

    Kuwait has reversed its decision to shut down commercial activities at 8 pm, starting Tuesday, according to a statement released by the Kuwaiti cabinet.

    Kuwait will open all activities except for gatherings which include conferences, weddings, and social events, and will also open special activities for children, starting from Sept. 1, the cabinet said.

    Kuwait will allow only those who are vaccinated to access various activities. The unvaccinated will be only allowed to enter pharmacies, consumer cooperative societies, and food and catering marketing outlets, starting from Aug. 1, the cabinet added.

    The cabinet also reversed a July 25 decision to close nurseries and summer clubs for children, and said they would reopen as well from September.

    The cabinet said that large gatherings including conferences, weddings and other social events, will remain banned until further notice.

    The decisions come following a significant decline in the number of new coronavirus infections.

    On Monday, Kuwait recorded nine COVID-19 deaths and 988 new cases, raising the totals to 2,293 and 393,605, respectively.

    The Ministry of Health also confirmed 1,336 patients recovered from the virus in the previous 24 hours, bringing the total to 377,434.

    The Kuwaiti cabinet also announced that direct flights to Morocco and Maldives will resume starting Aug. 1.