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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.

Greece to join US-led naval coalition against Houthi rebels

  • A Greek navy frigate will join the task force on orders from Prime Minister Kyriakos Mitsotakis, said Defense Minister Nikos Dendias
  • As a foremost shipping nation, Greece had a "fundamental interest" in addressing a "massive threat" to global maritime transport, he said

Athens, Greece – Greece will join a US-led naval coalition to protect the Red Sea global shipping lane from Yemen’s Houthi rebels, the defense minister said Thursday.

A Greek navy frigate will join the task force on orders from Prime Minister Kyriakos Mitsotakis, said Defense Minister Nikos Dendias.

As a foremost shipping nation, Greece had a “fundamental interest” in addressing a “massive threat” to global maritime transport, Dendias said in a televised statement.

The task force announced by US Defense Secretary Lloyd Austin on Monday initially included Britain, Bahrain, Canada, France, Italy, the Netherlands, Norway, Seychelles and Spain.

The Iran-backed Houthis say their missile and drone strikes on passing container ships are in support of Palestinians in the Gaza war raging between Israel and Hamas since October 7.

The attacks in waters leading to the Suez Canal, a chokepoint for about 10 percent of global trade, have forced many shipping companies to divert their vessels.