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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.

Bahrain and Hungary aim to boost trade, investment ties

Budapest, Hungary--Bahrain and Hungary have held discussions to boost economic and trade ties between the two countries.In this regard, Khalid...

Sharjah schools honored for being sensitive to needs of pupils

The SCFO is an affiliate of the Supreme Council for Family Affairs in Sharjah It launched the project in August...

SFD signs a $10m export financing agreement with the National Bank of Iraq

  SFD has signed an export financing agreement with the National Bank of Iraq to provide credit facilities to help...

Al Dahra BayWa opens warehouse in Dubai

Al Dahra BayWa is a pioneer of innovative farming in the UAE The new facility in Dubai will enhance the...

Fellowship seeks applications from UAE youth

Initiative part of efforts to engage youth in Year of the 50th through practical opportunities Applications are accepted from UAE...

Dubai crown prince: Industries emirate’s driving force for productivity, growth

  Dubai Industries & Exports to play a key role in making the emirate a hub for future industries, attracting...

Bahrain banks to offer loan repayments delay option

  The move will strengthen national efforts to overcome the economic challenges of Covid-19 The option to defer loan repayments...

CrediMax partners with JCB for cashback campaign

  The campaign will run till 19 August and is applicable for all CrediMax JCB cardholders Cardholder will have the...

UK to build new ‘national flagship’ to promote post-Brexit trade

The ship will provide a global platform for trade negotiations and British businesses' products The ship's construction likely to begin...

UAE assures cooperation with Latin America, Caribbean during UNSC membership

Ministers Reembint Ibrahim Al Hashemy and Omar Ghobash introduce the country's membership to GRULAC members UAE candidate for the Arab...

UAE, Uzbekistan sign agreement to implement humanitarian projects

      Completion of work on a women and children's hospital in the Uzbek city Nukus part of the...

UAE economy to grow 5.7% in 2024 in spite of global challenges

Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...

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Iran foreign trade posts 4.84% jump to US$54.6bn in last six months

Tehran, Iran-- Iran's foreign trade has registered a 4.84 percent jump to $54.6 billion between March and September this year.According...

Iraq and Iran review implementation of security agreement between two countries

Tehran, Iran--Iraq and Iran have reviewed the implementation of the security agreement in a meeting between the secretary of Iran's...

Dubai Chamber of Digital Economy to host global tech firms at Expand North Star

Dubai, UAE--Dubai Chamber of Digital Economy is all set to welcome the global business community to Expand North Star, the...

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Russia plans visa-free travel with Latin American countries

MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...
  • The Director of the Russian Foreign Ministry’s Latin American Department said that visa-free travel with all Latin American states is an achievable goal.
  • The statement on visa-free travel was made by the senior diplomat on the sidelines of the "Russia - Latin America" conference.

Porsche sales revenue up

The sports car maker posted gains one year after its IPO.
  • In the first half of 2023, Porsche posted significant gains in group sales revenue, group operating profit and deliveries
  • The sports car maker, after going public, set up individual partnerships in the field of software with Apple and Mobileye

UAE and Barbados look to deepen trade, energy ties

Bridgetown, Barbados-- The UAE and Barbados have discussed prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy,...
  • The UAE foreign minister and Barbados PM discussed mechanisms of joint cooperation across various sectors of economy, tourism and trade
  • Sheikh Abdullah bin Zayed's tour looks to show UAE’s keenness to strengthen friendly relations with the countries of Latin America and the Caribbean,