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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.
  • Saudi embassy in Iran resumes work after seven years

    Iran and Saudi Arabia agreed to resume diplomatic relations and reopen their respective embassies following a China-brokered deal announced in...

    Iranian media had previously attributed the delay in reopening the Saudi embassy to the poor condition of the building which was damaged during the 2016 protests.

    The reports said Saudi diplomats would work from a luxury hotel in the Iranian capital pending the completion of the works.

  • UK strikes deal with Turkey to tackle illegal migration

    London announced the plan late Tuesday as part of its attempts to reduce illegal migration to the UK, a key...

    The United Kingdom will deploy more officers in Turkey to disrupt the criminal gangs who run the illegal migration routes

    The new plan will feature heavily at the upcoming UK-Turkey Migration Dialogue meeting, due to take place in London later this year

  • West must keep ‘promises’ on Ukraine grain deal: Erdogan

    Ankara, Turkey--Turkish President Recep Tayyip Erdogan said Tuesday that the revival of a deal with Russia to allow Ukrainian grain...

    Erdogan played a key role in the now collapsed deal allowing for safe passage of Ukrainian grain shipments via the Black Sea

    The accord, brokered by Ankara and the United Nations in July 2022, ended last month after President Vladimir Putin refused to extend it

  • Russia to continue to enhance military cooperation with Iran: Ryabkov

    Tehran, Iran-- In a defiant posture toward the West, Russia has declared that it will continue to enhance military cooperation...

    The Russian minister said that they have full right to develop and enhance the military ties between the two "friendly nations"

    He further noted that Iran will in due time become a full member of BRICS even as he refused to give a timeline for its membership   

  • The squalid camps where Syria war displaced languish

    While living and hygiene conditions can be dire even in official displacement camps, the situation in informal settlements is sometimes...

    Only 16 camps, housing around 150,000 people, are formally recognized and have access to international aid

    Residents spend their days scavenging the rubbish tip for anything of value, such as scrap metal and bits of plastic

  • Pakistan’s Prime Minister, Saudi Deputy Foreign Minister discuss ties

    Islamabad, Pakistan - Pakistan's Prime Minister Shehbaz Sharif met on Tuesday with visiting Saudi Deputy Foreign Minister Waleed bin Abdulkarim...

    Al-Khuraiji also met with the country’s Foreign Minister Hina Rabbani Khar

    In July, Pakistan received $2 billion in financial support from Saudi Arabia

  • Medical charity assails UN failure to renew Syria aid route

    Through an arrangement that began in 2014, the UN delivered relief to the areas directly through the Bab al-Hawa crossing from...

    UN Security Council's inability to renew "a resolution safeguarding access to vital humanitarian aid is inexcusable," the aid group said

    More than four million people live in rebel-held areas of northern and northwestern Syria, many of them in overcrowded camps

  • Ukraine ‘satisfied’ with Saudi-led mediation to end war

    Russia, which was not invited to the summit, said that a resolution was possible if Ukraine "stopped the hostilities and...

    Representatives from around 40 countries including China, India, the United States and Ukraine took part in the peace summit, which was held in Jeddah

    The head of Ukraine's presidential office, Andriy Yermak, said there was an agreement on the next meeting, "but there are no exact dates"

  • Russia’s BSGI exit causes global food price hike: Blinken

    Washington, United States - Russia's withdrawal from the Black Sea Grain Initiative (BSGI) has led to a surge in global...

    Top US diplomat highlighted that over half of the grain from the Black Sea Grain Initiative was directed towards developing countries

    Condemning the use of food as a weapon of war, he said that 91 countries have signed a declaration at the UN opposing such tactics

  • Peace settlement possible if Ukraine stops fighting, says Russia

    Moscow, Russia - Russia said Monday a peace settlement with Ukraine was only possible if Kyiv put down its arms, after...

    Representatives from around 40 countries including China, India, the United States and Ukraine took part in the peace summit.

    Russia, which was not invited, said that a resolution was possible if Ukraine "stopped the hostilities and terrorist attacks".