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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.
  • Iran, Djibouti resume diplomatic ties after 7 years

    Iran announced the restoring of diplomatic ties with Djibouti over seven years after it joined other regional nations in severing...

    The move followed Iranian foreign minister Amir-Abdollahian's meeting with his Djiboutian counterpart Mahamoud Ali Youssouf in New York.

    Djibouti cut ties with Iran in January 2016 after attacks on Saudi missions during protests over Riyadh's execution of a Shiite cleric.

  • Xi announces ‘strategic partnership’ with Syria after meeting Assad

    Assad is on his first official trip to China in almost two decades as he seeks financial support to rebuild...

    Analysts expect Assad's visit to China will focus, in part, on funds for reconstruction. It also comes as China's influence in the Middle East grows.

    This year Beijing brokered a deal that saw longtime regional rivals Saudi Arabia and Damascus-backer Iran agree to restore ties and reopen their respective embassies.

  • Sudan army chief warns UN that war could spill over in region

    General Abdel Fattah al-Burhan, the de facto ruler of Sudan since a 2021 coup, alluded to the rival Rapid Support...

    Burhan has increasingly been traveling around the world in what are seen as efforts to burnish his legitimacy

    At the United Nations, he urged world powers to designate the Rapid Support Forces, or RSF, as a terrorist group

  • Canada seeks India cooperation in murder probe

    Speaking on the sidelines of the UN General Assembly in New York, Canadian PM Justin Trudeau called on the Indian...

    On Monday, he said Indian agents played a role in the June murder of Hardeep Singh Nijjar, a Canadian citizen

    Indian forcefully denied any role in the killing of Nijjar, terming the accusation as "absurd"

  • Abbas to UN: No Mideast peace without Palestinians’ rights

    Palestinian leader Mahmud Abbas's address came a day after Netanyahu discussed Saudi normalization in a meeting with US President Joe...

    The veteran leader made a new appeal for negotiations and for UN Secretary General Antonio Guterres to call an international conference on creating a Palestinian state

    An Israeli diplomat walked out of the General Assembly as Abbas denounced the "impunity" for Israel over its "apartheid" policies, a characterization that infuriates Israel

  • Israeli PM Netanyahu to visit Turkey: Erdogan

    Turkey's President Recep Tayyip Erdogan told reporters in New York that he will visit Israel too once Benjamin Netanyahu will...

    The two leaders met at the Turkish House in New York on the sidelines of the 78th session of the UN General Assembly

    The two countries also reached an agreement to raise trade volume from $9.5 billion to a minimum of $15 billion

  • Kuwait seeks support in its bid for UN Human Rights Council seat

    New York, US-- Kuwait has exhorted UN member states to back its bid for a seat on the UN Human...

    The Kuwaiti prime minister gave a peek into the "New Kuwait" vision that aims to position the country as a global financial, commercial, and cultural center

    He underscored Kuwait's resolve to bridge cooperation and offer solutions to human rights issues in keeping with international law and UN resolutions

  • Anti-Money Laundering Permanent Committee hosts meeting with Saudi Committees

    Riyadh, Saudi Arabia - The Anti-Money Laundering Permanent Committee (AMLPC) hosted a coordination meeting with relevant Saudi permanent committees on...

    The meeting was chaired by Ayman Al-Sayari, governor of the Saudi Central Bank (SAMA) and AMLPC chairman

    It also discussed mechanisms of cooperation and coordination between the permanent committees in the Kingdom

  • Man shoots multiple times in Lebanon’s US embassy, no casualty

    Beirut, Lebanon - A gunman fired more than a dozen bullets at the US embassy in Beirut, Lebanese officials said on...

    "At 10:37 pm local time (1937 GMT), small arms fire was reported in the vicinity of the entrance to the US Embassy," said embassy spokesman Jake Nelson

    Lebanese forces have cordoned off the area of the highly-secured embassy complex in the northern Beirut suburb of Awkar, a security official told AFP.

  • ITFC collaborates with Turk Eximbank for providing joint loan of US$277m

    JEDDAH, SAUDI ARABIA - The International Islamic Trade Finance Corporation (ITFC), which is a member of the Islamic Development Bank,...

    This collaboration aims to enhance trade volume among the member states of the Organization of Islamic Cooperation.

    The loan aims to support the development of small and medium enterprises' exports as well as private sector companies in Turkey.