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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.
  • Blinken urges Saudi-Israel normalcy, pledges no nukes for Iran

    "The United States has a real national security interest in promoting normalization between Israel and Saudi Arabia. We believe we can...

    Blinken said the Biden administration has "no illusions" that bringing about a full Saudi-Israel normalization can be done quickly or easily.

    "Integration and normalization efforts are not a substitute for progress between Israelis and Palestinians, and they should not come at its expense," he said.

  • US, India agree on defense industry cooperation plan

    The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance...

    Moscow and New Delhi have been allies for decades, with Russia by far India's biggest arms supplier.

    India is looking to diversify, both by broadening its sources of imports and ramping up domestic production.

  • Iran says will reopen embassy in Saudi Arabia on Tuesday

    Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a...

    Iran's diplomatic mission will return under the leadership of Alireza Enayati, who previously served as the ambassador to Kuwait.

    Saudi Arabia has yet to confirm when it will reopen its embassy in Tehran or its pick for ambassador.

  • Iran calls for expansion of ties between Tehran and Ankara

    Tehran, Iran-- Iran has called for expansion of ties between Tehran and Ankara after the victory of the incumbent president...

    The Iranian foreign minister said that Tehran hopes to achieve close cooperation between the two neighbors during Turkish president's new term

    The Turkish foreign minister emphasized continuity in relations between Turkey and Iran, adding that he will do his best to help develop bilateral relations

  • US official meets UAE diplomats to discuss climate change

    DUBAI, UAE - US special climate envoy John Kerry has met senior Emirati officials in Abu Dhabi, including the head of...

    Oil producers have for year touted carbon capture as a potential global warming solution.

    With little investment, carbon capture technology is nowhere near the scale needed to make a significant difference.

  • NATO urges Turkey to pass Sweden’s NATO membership plea

    Istanbul, Turkey - NATO chief Jens Stoltenberg on Sunday called on Ankara to drop its opposition to Sweden's bid to join...

    "Sweden has taken significant concrete steps to meet Turkey's concerns," NATO chief Stoltenberg told reporters after meeting President Recep Tayyip Erdogan.

    Erdogan has accused Sweden of being a haven for "terrorists", especially members of the Kurdistan Workers' Party (PKK), a group blacklisted by Turkey.

  • Protesters in Morocco demand government act on cost of living

    CASABLANCA, MOROCCO -  Hundreds demonstrated on Sunday in Morocco's economic capital Casablanca to protest against the surging cost of living in...

    Morocco has seen months of rising prices, particularly of food, fuel and other basic staples, in part due to recurrent drought.

    Year-on-year inflation slowed in April to 7.8 percent, after 10.1 percent in February and 8.2 percent in March, according to official figures.

  • US, Saudi Arabia urge truce talks between warring Sudan groups

    The last truce was agreed to allow desperately needed humanitarian aid and safe passages into areas of Sudan ravaged by...

    A five-day extension of a US- and Saudi-brokered but oft-ignored truce formally expired Saturday evening.

    The Saudi and US mediators nonetheless called for "the parties to agree to and effectively implement a new ceasefire.

  • How chocolate could counter climate change

    Biochar, a substance produced by heating the cocoa husks in oxygen-free environment, could be used to capture 2.6 billion of...

    While the biochar industry is still in its infancy, the technology offers a novel way to remove carbon from the Earth's atmosphere, experts say.

    Across Europe, biochar projects have begun to multiply. The biochar industry federation says production is set to almost double to 90,000 tons this year compared with 2022.

  • Syrian leaders want UN to re-begin talks with President Assad

    Syria's opposition urged the resumption of moribund United Nations-sponsored talks with the regime of President Bashar al-Assad, who has returned...

    The statement called for a solution in line with UN Security Council resolution 2254, which set out a roadmap for a political transition.

    Last month, regional leaders welcomed Assad back to the Arab League at a summit in Saudi Arabia - his first appearance at the pan-Arab body.