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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.
  • MBRSC key in elevating UAE’s space exploration status

    "With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another...

    Sheikh Hamdan praises MBRSC team for ensuring Sultan Al Neyadi's mission success

    'Zayed 2' mission showcases Emirati capabilities and marks a significant milestone, he adds

  • Israel, Saudi Arabia see progress on ties as Iran sounds warning

    Netanyahu, who has had rocky relations with Biden, said he believed a deal was "within our reach" and credited him....

    US President Joe Biden is hoping to transform the Middle East and score an election-year diplomatic victory

    Meeting Israeli Prime Minister Netanyahu in New York, Biden quipped that he had "Irish optimism" on securing a deal with Saudi Arabia

  • Iran may trigger nuclear arms race, says Saudi Arabia

    Saudi Crown Prince Mohammad Bin Salman cautioned against the world witnessing another tragedy like Hiroshima in an interview, saying it...

    Saudi Crown Prince cautioned against the world witnessing another tragedy like Hiroshima

    He denied any pause in negotiations with Israel and expressed optimism about the normalization

  • UK to revoke plan to attain net zero emissions by 2050

    LONDON, UK- The UK looked set to backtrack on Wednesday on policies aimed at achieving net zero emissions by 2050 with...

    The move comes amid growing concern over the potential financial cost of the government's policies to achieve net zero carbon emissions by mid-century.

    Prime Minister Sunak said while the government was committed to the net zero target, it would try to achieve it "in a better, more proportionate way".

  • EU nominates Mahsa Amini and Elon Musk for top rights award

    BRUSSELS, BELGIUM- Mahsa Amini, the Iranian Kurdish woman who died in custody a year ago, and billionaire Elon Musk were among...

    The European Parliament's three biggest political groups each backed Mahsa Amini as the recipient for this year's Sakharov Prize.

    The legislature's small far-right bloc was the only one to nominate Elon Musk, the tech titan behind X, the platform formerly known as Twitter.

  • Sharjah Chamber to host two-day Gulf-Iraq Business event

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) said it is likely to host the first Gulf-Iraq...

    The theme of the event is “Partnership for a Promising Economic Future”, and is expected to present multiple investment opportunities.

    The Chamber hopes the event starts new wave of economic, trade, and industrial relations between the GCC countries and Iraq.

  • Russian defense minister says Moscow-Tehran ties improving despite sanctions

    MOSCOW, RUSSIA – The cooperation between Moscow and Tehran is reaching new highs, Russian Defense Minister Sergey Shoigu said on...

    The Russian defense minister announced readiness to take joint steps to strengthen stability and security in the Middle East.

    The Russian minister said that cooperation and dialogue between Moscow and Tehran has enhanced recently.

  • Belt and Road Initiative countries expect more cooperation ahead of China-Arab expo

    YINCHUAN, CHINA - In the run-up to the sixth China-Arab States Expo, guests from countries and regions along the Belt...

    Morocco was the first country in North Africa to sign the Belt and Road cooperation document with China.

    Since then, the two countries have maintained close political, economic, and cultural connections.

  • Erdogan, Netanyahu meet as Turkey, Israel seek to improve ties

    Turkey's President Recep Tayyip Erdogan met in New York with Israeli Prime Minister Benjamin Netanyahu, who said "ties between the...

    Erdogan and Netanyahu also discussed "the latest developments regarding the Israeli-Palestinian conflict".

    The two discussed "regional and international issues, including normalization between Israel and Saudi Arabia".

  • Israel troops kill Palestinian in West Bank raid: ministry

    In recent days, violence has also risen in the Gaza Strip, with Palestinians in the coastal enclave holding protests along...

    The Palestinian health ministry said Durgham al-Akhras was killed in a clash with Israeli soldiers raiding Aqabat Jaber refugee camp near the city of Jericho to carry out arrests

    Akhras was "killed when he was shot in the head by the occupation (Israeli) army during its aggression against the Aqabat Jaber camp in Jericho," the ministry said in a statement