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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 didn’t supply arms, ammunition to warring parties in Sudan: official

    The UAE, a senior official in foreign ministry said, has consistently supported the political process and efforts to achieve national...

    Afra Al Hameli, a senior UAE official said, that the country supports a peaceful resolution to the ongoing turmoil in Sudan while also respecting its sovereignty

    She added that that since the beginning of the conflict, the UAE has called for de-escalation, a ceasefire and the initiation of diplomatic dialogue

  • Syria claims US responsible for military escalation in country

    BEIRUT, LEBANON – The US is responsible for the military escalation in eastern Syria, where terrorist groups such as the...

    Syria pledged to continue its operations against terrorists until the threat is fully eliminated.

    At least 33 Syrian servicemen were killed on August 10 when a bus they were travelling in was ambushed near Al Mayadin city.

  • Naval forces in Gulf warn ships against nearing Iranian waters

    "Vessels are being advised to transit as far away from Iranian territorial waters as possible" to minimize the risk of...

    The alliance, established in 2019, is made up of 11 countries, including the United States, Great Britain, Saudi Arabia and the United Arab Emirates.

    Its mission, according to its website, is to "provide reassurance to merchant shipping in the Middle East region".

  • In favor of Iran joining BRICS, says South Africa

    TEHRAN, IRAN – Pretoria fully supports Tehran joining BRICS, South African President Cyril Ramaphosa said at a meeting with Iranian...

    The South African president supported Tehran’s desire to join the group at a meeting with the Iranian foreign minister.

    Pretoria expressed the hope that during the visit of the Iranian President to South Africa, several pacts would be signed between the two countries.

  • Chancellor Scholz urges further talks after Saudi-led Ukraine summit

    Representatives from around 40 countries including China, Germany, India and the United States took part in last weekend's gathering in...

    Similar international talks to discuss a path towards peace also took place in Copenhagen in June. Scholz called the talks in Denmark and Saudi Arabia "very special".

    Scholz said that Germany was now the second-biggest supplier of military assistance to Ukraine after the United States.

  • UAE ranks first globally in employing Indians, Saudi second: Minister

    New Delhi, India -- The UAE ranks first among the countries in the world in the employment of Indians, currently...

    Taken together, five Gulf countries -- UAE, Saudi Arabia, Kuwait, Qatar and Oman, in that order -- are among the top destinations providing employment for Indians.

    The number of Indians in the UAE last year was 3.419 million and more than 134,000 were added in one year, India's Minister of External Affairs told parliament.

  • Saudi Arabia, France vow to promote secure, affordable and sustainable energy

    RIYADH, SAUDI ARABIA – Prince Abdulaziz bin Salman and Agnes Pannier-Runacher, Minister for Energy Transition of the French Republic met...

    Addressing climate change, promoting secure, reliable, affordable, sustainable supplies of energy are shared strategic priorities of Saudi Arabia and France.

    Both countries acknowledge the importance of implementation of the United Nations Framework on Climate Change and the Paris Agreement.

  • Dubai police arrests half of all drug suspects in UAE in Q2 2023

    Dubai, UAE -- The General Department of Anti-Narcotics at Dubai Police apprehended 49.6 percent of the total number of suspects...

    During the same period, a total of 491 kilograms of drugs and 3,333,916 narcotic pills were seized, which included cocaine, heroin, crystal meth.

    The statistics demonstrated Dubai Police's contribution in sharing 50 significant pieces of information with several countries during Q2 2023.

  • WHO’s first global summit on traditional medicine begins Aug 17

    Geneva, Switzerland -- The World Health Organization (WHO) is convening the Traditional Medicine Global Summit on 17-18 Aug 2023​ in...

    Co-hosted by the Government of India, the Summit will explore the role of traditional, complementary, and integrative medicine in addressing pressing health challenges.

    Scientists and other experts will lead technical discussions on research, evidence and learning; policy, data and regulation;

  • Blasts rock pro-Iran missile stocks in Syria: monitor

    Residents of the Damascus region heard the blasts which came from "the warehouses of pro-Iran militias" in a mountainous area...

    Syria's official news agency SANA said that during the night "the sounds of explosions" had been heard on the outskirts of Damascus

    Four Syrian soldiers and two Iran-backed fighters were killed last Monday in pre-dawn Israeli air strikes near Damascus