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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.

DP World and Saudi Ports Authority to give Jeddah Islamic Port a makeover

  • The development work will be carried out in four phases, with the project scheduled to be completed by 2024
  • It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships

Dubai Ports World and Saudi Ports Authority (Mawani) have come together to expand the capacity of Jeddah Islamic Port.

The  work will be carried out in four phases, with the project scheduled to be completed by 2024.

It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships operating today and in the future, with a load of up to 26,000 TEUs.

This project is part of the new commercial attribution contract that Mawani signed with DP World in December 2019 for a period of thirty years.

The project will contribute to transforming Jeddah into a major international trade and logistics center.