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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.

Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber

    It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also...

Mohammed bin Rashid sets up Dubai Academic Health Corporation

The new set-up will advance health services in Dubai through a new academic system It will integrate healthcare, medical education,...

Sisi talks tough with Ethiopia, warns Egypt’s water share is a ‘red line’

      Egypt fears that plans to fill the Grand Renaissance Dam will allow Ethiopia to control the flow...

Partial lockdown in Abu Dhabi on July 19 to carry out sanitation program

The lockdown will come into effect at midnight and will go on until 5 am The movement of traffic and...

Saudi Arabia to remain stable as oil prices boost economy: Fitch

Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative...

Official reiterates Saudi resolve to protect rights after meeting US, EU envoys

Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has...

High cost of food, fuel lifts inflation in Saudi Arabia to 6.2%

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June,...

Saudi Arabia to allow only 60,000 pilgrims from kingdom to perform Hajj

More than two million people converge from around the world to perform the Hajj It will be for the second...

Saudi Arabia vows to defend Yemen’s “security and stability”

The kingdom backs efforts to reach a comprehensive political solution to end the crisis in the war-scarred country It reiterated...

Dubai’s consumer confidence surges to a ten-year high, signaling economic recovery

The second quarter of 2021 saw consumer optimism at its highest Consumer confidence rose to 151 points as against 125...

Barwa Real Estate net profit up

It posted an 8% jump in net profit to US$337m for last year.

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Iran and Saudi ties effective in solving regional issues: Raisi

Tehran, Iran--Iran's President Ebrahim Raisi believes the expansion of ties between Tehran and Riyadh will be effective in strengthening regional...

Investcorp to float IPO

The listing of shares on ADX is set for November 17.

UAE-Zimbabwe trade touches US$2bn, poised to expand more

Abu Dhabi, UAE-- Trade between the UAE and Zimbabwe touched $2 billion last year as the bilateral relations between the...

Most Read

Treaty on strategic partnership between Russia and Iran 85% ready: Lavrov

Tehran, Iran--A treaty on comprehensive strategic partnership between Russia and Iran is about 85 percent ready, Russian Foreign Minister Sergey...
  • Lavrov said the work on the treaty is at an advanced stage with several issues yet to be agreed upon, and that negotiations are going on
  • Iran hosted the meeting on the South Caucasus in Tehran, attended by foreign ministers of Russia, Turkey, Azerbaijan, Iran, and Armenia

UAE and Canada review bilateral ties at first joint-committee meeting

Abu Dhabi, UAE-- The UAE and Canada have reviewed bilateral ties at the first joint committee meeting in Abu Dhabi...
  • Both sides highlighted the importance of the inaugural joint committee meeting for ramping up collaboration between the two countries to achieve shared goals
  • The two sides discussed cooperation across a range of fields, including defense and security, climate change, food security, trade and investment, innovation, and education

Knowledge E and HBMSU sign agreement to ‘reshape future of education’

Dubai, UAE-- Hamdan Bin Mohammed Smart University (HBMSU) and Knowledge E have signed a memorandum of understanding to reshape the...
  • Vice Chancellor of HBMSU said the MOU is a step in the university's march toward transforming education in a way that brings smart learning innovation into the sector
  • As per the terms of the agreement, both sides will collaborate in several key areas - including content digitisation and self-paced courses, management of HBMSU's journal system