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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.

UAE and Spain discuss cooperation in renewable energy, water sectors

  • The two sides also discussed initiatives and programs that consolidate the transition towards a green economy.
  • DEWA CEO Saeed Mohammed Al Tayer held a meeting with Iñigo de Palacio, Spain’s Ambassador to the UAE.

Spain and UAE have reviewed Dubai Electricity and Water Authority’s achievements besides key projects and cooperation in the clean and renewable energy sectors.

The two sides also discussed initiatives and programs that consolidate the transition towards a green economy and sustainability at a meeting in which said DEWA CEO Saeed Mohammed Al Tayer received Iñigo de Palacio, Spain’s Ambassador to the UAE, and Andres Salinero, Trade and Economic Counsellor at the Spanish Embassy.

Al Tayer talked about the importance of strengthening cooperation and the contribution of Spanish companies to electricity and water projects in Dubai, especially in the clean and renewable energy sectors.

He also spoke about the importance of the exchange of expertise and the best practices in the energy and water sectors.

The Spanish delegation expressed interest in participating in DEWA’s leading projects in clean and renewable energy and water, praising the bilateral relations between the UAE and Spain and DEWA’s efforts in achieving sustainable development in Dubai.