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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.

COP28 President Designate meets with key US government officials

  • The UAE minister discussed multilateral development bank reform as weel as an update on recent US climate policy action.
  • They discussed the need to invest in global clean energy supply chains, and the role of the US-UAE Partnership for Accelerating Clean Energy.

WASHINGTON DC, US –  UAE Minister of Industry and Advanced Technology and COP28 President Designate Dr. Sultan bin Ahmed Al Jaber met with key US government leaders at the White House to discuss global climate issues.

During the meeting on Thursday, which was convened by US Special Presidential Envoy for Climate John Kerry, Dr. Sultan put forward his vision for a pro-growth, pro-climate agenda, underscoring the COP28 Presidency’s commitment to drive action across mitigation, adaptation, climate finance and loss and damage.

The discussion also covered multilateral development bank (MDB) reform, an update on recent US climate policy action, the need to invest in global clean energy supply chains, and the role of the US-UAE Partnership for Accelerating Clean Energy (PACE).

The meeting was attended by US National Security Advisor Jake Sullivan; Senior Advisor to President John Podesta; US Special Presidential Coordinator for Global Infrastructure & Energy Security Amos Hochstein; National Climate Advisor Ali Zaidi; Director of the White House Office of Science and Technology Policy Arati Prabhakar; NSC Coordinator for the Middle East and North Africa Brett McGurk; UAE Ambassador to the US Yousef Al Otaiba and COP28 Director-General Majid Al Suwaidi, among other senior UAE and US officials.