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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 President, Indian Prime Minister discuss strengthening bilateral, trade ties

    NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...

    The meeting was held on the sidelines of the 18th Group of 20 (G20) Heads of State and Government Summit in New Delhi.

    The two sides also exchanged views on various regional and international developments of mutual interest.

  • Jordan-ASEAN Economic Forum to be held in March 2024, says ACC

    AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...

    ACC will host the forum, in cooperation with Malaysia, Indonesia, the Philippines, Thailand and Sultanate of Brunei.

    Trade exchanges between Jordan and ASEAN grew by 42 percent during 2022, compared to 2021, ACC's statistical data said.

  • Putin calls for closer ties with North Korea ‘on all fronts’: Kremlin 

    Moscow, Russia-- Russian President Vladimir Putin congratulated North Korean leader Kim Jong Un on Saturday on the 75 anniversary of the...

    In a message to Kim, Putin said through joint efforts "we will continue to strengthen bilateral ties on all fronts"

    He affirmed that relations between the two countries were based on the principles of friendship and mutual respect

  • African Union formally joins G20 at Delhi summit

    New Delhi, India - The African Union joined the Group of 20 leading economies at its summit on Saturday, enhancing...

    The expansion of the bloc is a notable diplomatic victory for Modi, who faces national elections next year

    Modi has used hosting rights for this year's forum to burnish his image as an international statesman

  • Saudi Crown Prince arrives in India for G20 summit

    His visit comes at a time when Washington is actively engaging with the kingdom, encouraging it to normalize ties with...

    The head of the Arab world's largest economy was greeted on the tarmac in New Delhi by a troupe of women dancing to folk music

    He is expected to sign an infrastructure agreement with the United States and other G20 members to explore the building of a rail and shipping network

  • With no deal in place with Ukraine, Russia starts grain supply initiative

    Moscow, Russia - Russian Deputy Foreign Minister Sergey Vershinin has confirmed the commencement of the implementation of the Russian grain...

    The initiative was initially proposed by Russian President Vladimir Putin, who pledged to provide one million metric tons of grain at a preferential price

    Vershinin stated that practical steps are now being taken, including communication with the involved parties to establish a trilateral agreement

  • Strengthening Middle East-China ties bolster trade

    In recent years, the Middle East and China have fortified economic ties, with the former supplying half of latter's oil...

    In recent years, the Middle East and China have fortified economic ties, with the former supplying half of latter's oil and sealing a landmark 27-year LNG deal with Qatar

    After Chinese President Xi's 2022 Saudi visit, China-GCC FTA talks accelerated, financial ties deepened and the BRI synced with Middle East's digital and infra ambitions

  • ‘Qatar leads the charge in food security initiatives’

    Several ministers of agriculture and food security from UN's Food and Agriculture Organization member states at the event discussed key...

    Qatar plays a major role in advancing food security at local, regional, and global scales, says Qatar’s Municipality Minister

    The country's key initiatives include dairy cow importation, poultry self-sufficiency, and innovative greenhouse techniques

  • West blocked Russian assets worth $280bn, says US treasury

    Washington, US - The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the...

    “The total value of assets is estimated at around $280 billion, the majority of which is held in the European Union,” the US Department of the Treasury said.

    Reportedly, the task force has completed its “initial effort to map and account for Russian sovereign assets that are immobilized and held in REPO member jurisdictions".

  • Saudi Nazaha, Interpol discuss ways to enhance cooperation

    LYON, FRANCE - President of Saudi Arabia’s Oversight and Anti-Corruption Authority ‘Nazaha’ Mazin bin Ibrahim Al-Kahmous on Friday visited the...

    The two sides discussed cooperation between Nazaha and Interpol in the field of combating corruption and cross-border crimes.

    The discussions touched on recovering funds and assets related to corruption and pursuing fugitives in such cases.