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.

Arab nations to hold economic development summit every four years

  • Dubbed the 'Arab Development Summit', it may be hosted by the Cairo-based Arab League
  • An extraordinary session, attended by leaders and heads of state, may be held "when necessary, a statement read
Algiers, Algeria — Arab leaders meeting at a summit in Algiers have agreed to hold an economic and social development summit every four years in conjunction with the regular Arab Summit, reported Kuwait News Agency (KUNA).
An extraordinary session, attended by leaders and heads of state, may be held “when necessary or if there are developments that require it,” read an
Arab League statement after the Algiers-hosted Arab Summit.
Dubbed the ‘Arab Development Summit’, it may be hosted by the Cairo-based Arab League or by the nation host of the Arab Summit of leaders.
Arab leaders met in the Algerian capital on November 1 for their first summit since a string of normalisation deals with Israel that have divided the region.
Since the last Arab League summit in 2019, several members of the 22-member bloc — for decades a forum for strident declarations of support for the Palestinian cause — have normalised ties with the Jewish state.
The United Arab Emirates went first in a historic US-mediated deal that made the country the third Arab state, after Egypt and Jordan, to establish full ties with Israel.