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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

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BYD 2025 revenue surges

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Biden pledges to extract ‘costs’ from Iran despite prisoner swap

  • Biden confirmed that he was imposing new sanctions on Iran's intelligence ministry and former president Mahmoud Ahmadinejad.
  • His statement did not mention the granting of clemency to five Iranians jailed or awaiting trial for non-violent crimes.

NEW YORK, US– President Joe Biden said the United States would keep piling “costs” on Iran despite a prisoner swap deal that freed five Americans on Monday.

Biden confirmed that he was imposing new sanctions on Iran’s intelligence ministry and former president Mahmoud Ahmadinejad for their involvement in “wrongful detentions.”

“Today, five innocent Americans who were imprisoned in Iran are finally coming home,” Biden said in a statement.

Biden said that “as we celebrate the return of these Americans, we also remember those who did not return,” including Bob Levinson, a former FBI agent who disappeared in Iran and is presumed dead.

“We will continue to impose costs on Iran for their provocative actions in the region,” Biden said.

His statement did not mention the granting of clemency to five Iranians jailed or awaiting trial for non-violent crimes, which a US official announced earlier.

Biden has faced severe criticism from his Republican opponents over the deal, which came to fruition after the release of $6 billion in Iranian funds long frozen by US ally South Korea.

He thanked the governments of Qatar, Oman, Switzerland and South Korea for their “tireless efforts” to make the deal happen.