Alujain widens 2025 loss
The increase in loss is due to impairment charges, weaker prices.Company News Business
Aramco 2025 net profit $104bn, to pay $85.4 bn in dividends
Dubai, UAE -- Saudi Arabian Oil Co. (Aramco) reported a net profit of $104.7 billion for 2025, a decline from...Business
Empower distributes $701 million dividends since listing
Dubai, UAE -- Emirates Central Cooling Systems Corporation PJSC (Empower) said it has distributed AED2.575 billion in dividends to shareholders...The company recorded AED3.419 billion revenue in 2025, while net profit rose 10.5% year-on-year to AED1.004 billion.
In 2025, shareholders approved a dividend of AED875 million for 2025, paid in two equal instalments of AED437.5 million in April and October.
Khalifa Education Award begins judging stage
Abu Dhabi, UAE — The General Secretariat of the Khalifa Award for Education, one of the institutions of the Zayed...This phase will be carried out through interviews conducted by specialized judging committees to review educational projects.
The General Secretariat said the evaluation and judging phase aims to measure the actual impact of the submitted works.
BYD 2025 revenue surges
The EV manufacturer reported net profit of $.3.3bn for 9M 2025.In the third quarter alone, BYD reported revenue of 194.99 billion yuan ($27.4 billion), while quarterly net profit reached 7.82 billion yuan ($1.1 billion).
The automaker said global sales reached 3.26 million vehicles in the first nine months of 2025.
Aramco net income $28bn
Capital investment during Q3 2025 $12.9bn on investments in energy projects.The company also reported free cash flow of approximately $23.6 billion in the quarter.
The company is expanding gas production capacity and investing in new projects including the Jafurah gas development project.
e& revenue up 23%
Consolidated net profit reached $2.94 billion during 2025.The telecom group also reported continued growth in its subscriber base and digital service offerings across its operating markets.
During the third quarter of 2025, the company reported consolidated revenue of AED53.5 billion for the first nine months of the year.
Al Rajhi profit up 26%
Operating income for 2025 increased 22% to SAR 39 bn.The bank said net profit increased 26 percent year-on-year to SAR24.79 billion ($6.6 billion) in 2025.
Profit for the fourth quarter alone reached SAR6.37 billion.
Emirates NBD 2025 profit $8.5bn
Total income rises by 12 percent, operating profit up 13%.Following the announcement of the results, Emirates NBD’s board proposed an ordinary dividend of 100 fils per share for the year.
The lender is one of the largest banking groups in the Middle East and is listed on the Dubai Financial Market.
Asian markets swing as traders assess latest tariffs volley
Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical...Tariffs around 25 percent to be imposed on auto imports, semiconductors and pharmaceuticals
He (Trump) risked triggering inflation, market distortions and even a global recession- China's ambassador to the WTO
$2.65bn in contracts signed during first two days of IDEX and NAVDEX 2025
Abu Dhabi, UAE -- Tawazun Council, UAE's authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry...Tawazun Council signed five deals worth a total of AED 5.8 billion with local and international companies on the second day of IDEX and NAVDEX 2025.
Tawazun Council is UAE's authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies.
Saudi Arabia’s sports fund invests in DAZN streaming service
Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...SURJ, originally named SRJ, was established in August 2024 by Saudi Arabia's Public Investment Fund (PIF) "to invest in acquiring and creating new sports events
SURJ and DAZN will work closely to establish DAZN MENA, a joint venture that will unlock new broadcasting opportunities for Saudi Arabia's growing sports sector
