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ADNOC Gas to pay $3.41bn dividend

It includes $1.7 billion scheduled for distribution in Q2 2025.

BYD surpasses Tesla with record revenue

The Chinese EV giant's net profit was $5.55 billion for 2024.

Al Ansari approves $85m dividend

This is approx 78% of the company's net profit after tax.

Perplexity eyes TikTok buy

TikTok faces a deadline to divest from its Chinese owner or be banned in the US.

DEWA okays $843m in H2 2024 dividend

DEWA had posted a net profit after tax of $1.96 billion for the full year 2024.

Innovation key to solving Gulf water woes

  • World Economic Forum says the Middle East and North Africa is one of the most water-scarce regions in the world.
  • For years, the water crisis has exacerbated conflict and political tensions, while UNICEF says 90% of children in the region live in water stress areas.

Dubai, UAE — A World Economic Forum article, which was part of the Forum’s annual meeting this year, said the Middle East and North Africa (MENA) is one of the most water-scarce regions in the world. For years, the water crisis has exacerbated conflict and political tensions. Moreover, the article said, the issue continues to significantly impact the health and wellbeing of people in the area, especially women and children. In fact, according to UNICEF, nearly 90 percent of children in the region live in areas of high or extremely high water stress. There is an urgent need for taking measures before the situation gets out of hand. TRENDS takes a look how the region can overcome its water woes: