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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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Israel congratulates Saudi Arabia on national day

  • "We send our sincere congratulations to the king, government and people of Saudi Arabia on the occasion of the 93rd national day," the Israeli foreign ministry said.
  • "May Allah bring you goodness and blessings, security and prosperity with our wishes for an atmosphere of peace, cooperation and good neighborliness," it added in the statement.

JERUSALEM – Israel offered its congratulations to Saudi Arabia on the kingdom’s national day on Saturday as the two countries move closer towards a possible normalization of ties.

“We send our sincere congratulations to the king, government and people of the Kingdom of Saudi Arabia on the occasion of the 93rd national day,” the Israeli foreign ministry said in a statement.

“May Allah bring you goodness and blessings, security and prosperity with our wishes for an atmosphere of peace, cooperation and good neighborliness,” it added in the statement on its English and Arabic-language accounts on X, formerly Twitter.

A ministry spokesman told AFP it was the first time such a message had been shared on its English-language account, but that it had been posted in Arabic before.

In an address to the UN General Assembly on Friday, Israeli Prime Minister Benjamin Netanyahu said: “We are at the cusp of… an historic peace between Israel and Saudi Arabia”.

Saudi Arabia’s Crown Prince Mohamed bin Salman had told Fox News that the two counties were getting “closer” to normalizing ties.

Several Arab states, including the United Arab Emirates and Bahrain, normalized their relations with Israel in 2020 under the so-called Abraham Accords but Saudi Arabia has so far held out.