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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.

Russia slaps sanctions on Western energy firms

  • The sanctions target 31 companies, most belonging to the Gazprom Germania group of subsidiaries of Gazprom
  • The sanctions also affect Poland's EuRoPol GAZ SA, the owner of the Polish part of the Yamal-Europe gas pipeline

Russia has imposed sanctions on more than 30 EU, US, and Singaporean energy companies in a retaliatory move following Western penalties over Ukraine, a government decree said on Wednesday.

The Russian government’s list targets 31 companies, most of which belong to the Gazprom Germania group of subsidiaries of Russian energy giant Gazprom.

Germany said in April it was taking control of the German subsidiary of Gazprom.

The sanctions also affect Poland’s EuRoPol GAZ SA, the owner of the Polish part of the Yamal-Europe gas pipeline.

The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.

The German ministry of economy and climate protection said on Wednesday the government was “making the necessary arrangements and preparing for different scenarios.”

“The gas crisis team is monitoring the situation closely,” the ministry added.

“Currently, the security of supply is guaranteed, it is constantly monitored.”

Unprecedented in their scale and speed, Western sanctions against Moscow have ranged from freezing assets to export bans on strategic products like semiconductors and financial sanctions.