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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.

Ground operation likely in Gaza Strip, says Israeli envoy to Russia

  • Israel announced a total blockade of the Gaza Strip.
  • Israeli forces have been bombarding the area.

MOSCOW, RUSSIA – The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas in the Gaza Strip is over 50 percent, Israeli Ambassador to Russia Alexander Ben Zvi said.

“A state of war has been declared. During the period of a state of war, different types of operations are possible: air, sea, ground operations,” he said during a Rossiya-24 TV broadcast.

“Here is one of them, a ground operation; it is not being ruled out, <…> I am sure that [the probability of a ground operation] in the end is more than 50 percent,” he added.

Tensions flared up again in the Middle East on October 7 when the Palestinian group Hamas staged a surprise incursion into Israeli territory from the Gaza Strip, TASS reported.  

Hamas described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque on the Temple Mount in Jerusalem’s Old City.

In response, Israel announced a total blockade of the Gaza Strip and began delivering air strikes on the enclave and certain parts of Lebanon and Syria.

Clashes are underway in the West Bank of the Jordan River as well.