Middle East conflict may push 30 million into poverty: UNDP
According to a new UNDP policy brief, the impact is most severe in countries directly affected by the fighting and...
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Bitcoin has already endured five consecutive months of declines since reaching an all-time high of $126,500 in October 2025. February...
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Alujain widens 2025 loss
The increase in loss is due to impairment charges, weaker prices.
- Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.
- Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.
Business
Masar 2025 net profit $262m
Higher land plot sales boost revenue and operating income.
- Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.
- Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.
Geostrategy
GCC energy sector strengthens global role despite lower oil output
Gulf Cooperation Council (GCC) countries continue to strengthen their position in global energy markets, supported by extensive natural resources, advanced...
- Gulf energy data show rising reserves, stable gas production and gradual renewable expansion.
- Regional electricity interconnection delivers savings and boosts power exchange among GCC member states.
Business
Tasnee’s 2025 losses deepen
The petrochemicals' company's revenue also fell 17.7 percent.
- Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.
- In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.
Business
DP World 2025 revenue $24.4bn
The profit for the year up 32.2% to reach $1.96bn.
- DP World invested $3.1 billion in 2025 capex, expanding global port capacity to 109 million TEU.
- The company cut Scope 1 and 2 emissions 14% from 2022 levels, with 67% of electricity sourced from renewables.
Business
Aramco 2025 net profit $104bn, to pay $85.4 bn in dividends
Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...
- Earlier in the year, Aramco’s board declared quarterly dividends, including a base dividend of around $21.1 billion for the second quarter of 2025.
- Aramco’s dividend policy combines a base dividend with a performance-linked component tied to financial results and cash flow.
Geostrategy
Strait of Hormuz disruption threatens trade flows: UNCTAD
UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after...
- Based on shipping flows during the week preceding the military escalation that began on February 28, crude oil accounted for about 38% of trade moving through the strait.
- Liquefied petroleum gas represented 29%, while liquefied natural gas and refined oil products each accounted for around 19%.
Geostrategy
Saudi, Qatar airlines adjust flights as regional tensions disrupt travel
Dubai, UAE -- Airlines has extended the suspension of flights to several Gulf destinations as regional tensions continue to affect...
- Saudi Airlines extends flight suspensions to several Gulf destinations while monitoring developments and evaluating gradual service resumption.
- Qatar Airways launches limited schedule from Doha to reconnect passengers following temporary authorization from civil aviation authorities.
Geostrategy
G7 ministers consider oil reserves as markets face volatility
In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...
- They added that proactive measures—including the possible use of strategic oil reserves—remain under consideration as part of efforts to stabilize global energy markets.
- The ministers said coordination is ongoing among G7 members as well as with IEA member states and other partners.
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Middle East conflict may push 30 million into poverty: UNDP
According to a new UNDP policy brief, the impact is most severe in countries directly affected by the fighting and...
Geostrategy
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Economy
UAE Central Bank to hold rate after Fed pause amid regional tensions
Fed Chair Jerome Powell signalled a cautious approach, noting that elevated energy prices and geopolitical tensions could complicate the inflation...
- The CBUAE said it would also maintain the rate applicable to short-term borrowing at 50 basis points above the Base Rate for all standing credit facilities.
- Central Banks of GCC countries --Kuwait remains a partial exception-- typically adjust their policy rates in lockstep with the Fed, as their currencies being pegged to the dollar.
Business
Alujain widens 2025 loss
The increase in loss is due to impairment charges, weaker prices.
- Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.
- Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.
Business
Masar 2025 net profit $262m
Higher land plot sales boost revenue and operating income.
- Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.
- Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.
