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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.

Netanyahu and Rubio align on aggressive strategies toward Hamas and Iran in Jerusalem talks.

US Secretary of State Marco Rubio and Israeli Prime Minister Benjamin Netanyahu have pledged to "open the gates of hell"...
  • The pledges came during a joint address to reporters in Jerusalem, where Rubio began his first Middle East trip as secretary of state in President Donald Trump's new administration
  • "Hamas cannot continue as a military or a government force... they must be eliminated," Rubio said of the Palestinian group that fought Israel for more than 15 months

Sisi discusses Middle East peace with World Jewish Congress chief

Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that...
  • During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the reconstruction of war-battered Gaza "without displacing its residents from their land".
  • "The establishment of a Palestinian state... is the only guarantee to achieve lasting peace," Sisi told Lauder on Sunday.

BRICS summit planned for July in Rio, says current chair Brazil

Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...
  • Brazilian Foreign Minister Mauro Vieira said that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc
  • The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates

Lavrov, Rubio pledge to restore dialogue and work on settling Ukraine conflict, says Moscow

The call came ahead of an expected summit between Donald Trump and Vladimir Putin amid mounting concern from Ukraine and...
  • The call came days after the US president's call to Putin ended almost three years of no contact between Moscow and Washington during the Ukraine conflict
  • According to Moscow, Lavrov and Rubio pledged to "maintain a channel of communication to resolve the accumulated problems in US-Russian relations".

OpenAI board rejects Elon Musk-led $97.4 billion buyout offer

San Francisco, United States -- OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy...
  • Musk filed court documents saying he will withdraw the offer to buy OpenAI if its board returns the artificial intelligence pioneer to a non-profit "charity" model.
  • OpenAI currently operates a hybrid structure, as a non-profit with a money-making subsidiary.

Three Gaza hostages set for release after ceasefire crisis abates

Jerusalem, Undefined - Israel said Friday it had received the names of three hostages to be freed by militants in exchange...
  • The hostages due for release Saturday are Israeli-American Sagui Dekel-Chen, Israeli-Russian Sasha Trupanov and Israeli-Argentinian Yair Horn
  • The January 19 ceasefire has been under massive strain since US President Donald Trump proposed a takeover of the territory

Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...
  • Arab countries have come together in a rare united front, outraged by the idea of displacing the Palestinians en masse
  • For Palestinians, any forced displacement evokes memories of the mass displacement of their ancestors during Israel's creation in 1948

Hezbollah supporters protest banning Iranian planes from landing in Beirut

Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...
  • Some of the young men raised Hezbollah's yellow flag and held pictures of Nasrallah, killed in an Israeli strike in September
  • Israel has repeatedly accused Hezbollah of using Lebanon's only airport to transfer weapons from Iran

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
  • With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7
  • Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."

Stocks mostly rise, oil falls as Trump fans Ukraine peace hopes

London, United Kingdom -- Major stock markets mostly rallied and oil prices retreated Thursday on hopes for an end to the...
  • London was a rare faller owing to sharp losses to share prices of big companies, including Unilever, Barclays and British American Tobacco.
  • With Russia being a major producer of oil, crude futures fell heavily on easing supply concerns, while the dollar lost some of its safe-haven support.

US, Russia to appoint negotiators for Ukraine talks; Kyiv protests exclusion, Europe awaits role

Washington noted European nations would have to have a seat at the negotiating table "at some point", following the first...

Latest News

Israeli airstrike kills five Palestinians in West Bank

Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...

Dubai roads, airport reel from floods after record rains

Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...

Heavy storms soak Gulf as Oman toll rises to 18

Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...

Number of journalists killed on job in 2023 declines despite Gaza: RSF

In the first 11 months of 2023, 45 journalists were killed carrying out their work, down from 61 last year,...

Rescue efforts begin as at least 132 die, hundreds injured in Nepal quake

The quake was felt as far away as India's capital New Delhi, nearly 500 km from the epicentre, 42 km...

BRICS summit planned for July in Rio, says current chair Brazil

Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...

Lavrov, Rubio pledge to restore dialogue and work on settling Ukraine conflict, says Moscow

The call came ahead of an expected summit between Donald Trump and Vladimir Putin amid mounting concern from Ukraine and...

OpenAI board rejects Elon Musk-led $97.4 billion buyout offer

San Francisco, United States -- OpenAI's board chairman on Friday said it has unanimously rejected an Elon Musk-led offer to buy...

Most Read

Saudi Arabia to host Arab summit on Trump’s Gaza plan, Egypt, Jordan, Qatar and the UAE to attend

Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...
  • Arab countries have come together in a rare united front, outraged by the idea of displacing the Palestinians en masse
  • For Palestinians, any forced displacement evokes memories of the mass displacement of their ancestors during Israel's creation in 1948

Hezbollah supporters protest banning Iranian planes from landing in Beirut

Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...
  • Some of the young men raised Hezbollah's yellow flag and held pictures of Nasrallah, killed in an Israeli strike in September
  • Israel has repeatedly accused Hezbollah of using Lebanon's only airport to transfer weapons from Iran

Trump eyes summit with Xi-Putin, shaking up world order, Macron warns against ‘capitulation’

US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...
  • With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7
  • Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."