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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.

Kennedys open Oman office to meet client demand in Middle East

    • Opening marks firm’s second Middle East location after Dubai and makes it the only international insurance-focused law firm in the country

    • The Muscat office launch is in response to growing client demand in the Middle East

    UK-headquartered insurance focused law firm Kennedys has strengthened its presence in the Middle East by launching an office in Muscat, the capital of the Sultanate of Oman.

    The new office will be the firm’s second in the Middle East after Dubai. It will be led by insurance, construction and disputes partner Jamie Kellick, who joined Kennedys’ Dubai office in 2019 from Addleshaw Goddard.

    The Muscat office launch is in response to growing client demand in the Middle East and will see Kennedys lay claim to being the only international insurance-focused law firm in the country, the firm said in a statement.

    Last October, Kennedys snapped up four-partner Tel Aviv boutique Zelichov Ben-Dan & Co, making it one of the first international firms to offer local law advice in Israel. The firm also opened an office in Leeds back in February, and expanded its US reach with an office in San Francisco last June.