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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.

Al-Nefaie named Seera Group CEO

  • Majed bin Ayed Al-Nefaie succeeds Abdullah Al-Dawood.
  • He has been the vice-president of the revenue department at Makkah Construction and Development Co.

DUBAI: Majed bin Ayed Al-Nefaie has been appointed CEO of Seera Group Holding, a travel and tourism group in the MENA region.
Al-Nefaie was designated as the acting CEO of the group in April, succeeding Abdullah Al-Dawood, who was appointed as a managing director of the group.
Before joining Seera Group Holding, Al-Nefaie had been the vice president of the revenue department at Makkah Construction and Development Co. and director of Makkah Hilton Towers for many years.
He also works with several companies operating in the field of tourism and hotel services and is the chairman of the board of Mawasim Investment Group.
Al-Nefaie has a bachelor’s degree in accounting from Umm Al-Qura University in Makkah, and also completed an advanced diploma in hotel management in the US.