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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.

Saudi Arabia bans import of poultry, eggs from three regions in France due to spread of bird flu

The Saudi Food and Drug Authority took the decision due to the spread of bird flu there The regions are...

OPEC Fund grants $10m aid to Bank of Maldives to shore up tourism

    The loan will be used for lending to small enterprises The lending is expected to drive the country's...

Ooredoo business offers ‘fleet management solutions’ for companies

  Ooredoo FMS involves GPA tracking software to track, monitor and manage vehicles, bicycles and people in real-time Companies can...

Oman-India JV marks launch of quartz stone project in Sohar

The plant began its commercial production last week after a trial run of its plant and machinery MAVPL and its...

Oil prices slip again as jitters persist over demand

    The drop was helped by reports that Chinese oil-imports stood at a five-month low China's crude imports were...

du and Philips partner to drive data-driven healthcare transformation in UAE

  Value-based care at reduced cost goal of the du-Philips partnership Virtualized healthcare delivery to draw on the success of...

DP World, UAE Region to strengthen UAE-China trade ties

CEO DP World-UAE Region Abdullah Bin Damithan calls Dubai gateway for Chinese exporters Opportunities for Chinese companies in the MENA...

Over half of ‘golden passports’ were illegal: Cyprus inquiry

Nicosia allowed investors to acquire a passport in exchange for an investment of $3 million Scheme was dropped after a...

Cyber crime soars during Covid pandemic as fraudsters fleece gullible people

Swindlers passing themselves off as representatives of big companies are cheating people of money using Internet Experts say fraud has...

Ajar partners with Visa for online rent collection

  The new partnership will let real-estate agencies, landlords, and property management companies registered on the Ajar platform collect rent...

Exxon Mobil posts bumper profit

The company profit vaulted to US$36bn during the year 2023.

Company News

Latest News

Art exhibition showcases deep cultural ties between Kuwait and Oman

Kuwait City, Kuwait--The art exhibition titled "Oman in the Heart of Kuwait" was inaugurated at the Kuwaiti Syndicate of Media...

UAE and Kyrgyzstan to boost renewable energy, transportation ties

Bishkek, Kyrgyzstan--The UAE and Kyrgyzstan have discussed mechanisms to enhance joint cooperation in various fields, especially renewable energy, transportation, and...

Circular economy is a critical pathway to build sustainable future: Almheiri

Dubai, UAE-- Terming the circular economy as a critical pathway that builds a sustainable future by preserving natural resources, reducing...

Most Read

Saudi Heritage Commission unearths neolithic human activity traces in Jabal Irf

Riyadh, Saudi Arabia--The Heritage Commission and the German Max Planck Institute (MPI) of Geoanthropology in the Green Arabia Project revealed...
  • The scientists, researchers and specialists from the kingdom, Australia, the UK, Italy and the US are studying archaeological materials from different sites
  • The laboratory analyses of radiocarbon (C14) indicate that the peak of human settlement at the site was during the sixth and early fifth millennium BC

Arab Development Establishment looks for JV partnerships in oil, gas sector

Abu Dhabi, UAE-- The Arab Development Establishment (ARDECO) has revealed that it is in talks with several international companies in...
  • The CEO of ARDECO said the partnerships with global companies will strengthen the government's approach to making the emirate a global hub for the oil and gas sector
  • He went on to add that his company represents more than 200 global firms in gas, oilfield services, and it intends to transform its relationship with these companies

Endava to widen UAE operations

It will join the UAE's FDI program to expand footprint.
  • It has a global workforce of more than 12,000 scattered all over the world in Europe, North and South America, Asia and the Middle East
  • Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the UAE's partnership with Endava is a milestone for the NextGen FDI initiative