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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.

Israel, Turkish leaders to meet at UN next week

  • Last month, Turkey and Israel announced the full restoration of diplomatic ties following years of strained relations
  • Erdogan described a fence-mending visit to Ankara by Israeli President Isaac Herzog in March as "a turning point in our relations."

Jerusalem, Israel— Israeli Prime Minister Yair Lapid is to meet Turkish President Recep Tayyip Erdogan on the sidelines of the UN General Assembly on Tuesday, as relations between the two countries thaw.

Lapid’s office said he would travel to New York on Monday night, ahead of an address to the General Assembly on Thursday.

A source said the meeting with Erdogan would take place on Tuesday.

It came as Israel’s armed forces chief Lieutenant General Aviv Kohavi announced his first visit to France and Poland to meet with senior officials in the two countries.

Last month, Turkey and Israel announced the full restoration of diplomatic ties following years of strained relations.

In May, Mevlut Cavusoglu became the first Turkish foreign minister to visit Israel in 15 years.

Erdogan described a fence-mending visit to Ankara by Israeli President Isaac Herzog in March as “a turning point in our relations”.

Relations began to fray in 2008, following an Israeli military operation in Gaza.

Relations then froze in 2010 after the deaths of 10 civilians following an Israeli commando raid on the Turkish ship Mavi Marmara, part of an aid flotilla trying to breach the Israeli blockade on Gaza.

A brief reconciliation lasted from 2016 until 2018, when Turkey withdrew its ambassador and expelled Israel’s over the killing of Palestinians. More than 200 Gazans were shot dead by Israeli forces during border protests in 2018 and 2019.