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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.
  • Sharjah group to discuss trade boost with India in five-day trip

    SHARJAH, UAE- The Sharjah Chamber of Commerce and Industry (SCCI) will embark on a trade mission to India on Monday...

    The delegation will visit Mumbai and New Delhi, setting up business forums and arranging meetings with Indian business communities.

    The delegation will highlight the benefits and opportunities of investing in Sharjah, detailing the incentives and facilities available.

  • Energy minister leads UAE delegation to development road conference in Iraq

    ABU DHABI, UAE - Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei headed the UAE delegation to the...

    The one-day conference brought together transport ministers and officials from the Gulf Cooperation Council, Iran, Turkey, Syria and Jordan.

    The huge infrastructure project will link southern Iraq to the border with Turkey from where it will connect to rail and road networks in Europe.

  • Sultan Haitham bin Tarik of Iran-West mediator Oman visits Tehran

    His trip comes just two days after Tehran freed Belgian aid worker Olivier Vandecasteele from almost 15 months in custody...

    The Omani leader's visit comes a year after Raisi visited Muscat, and follows a China-brokered rapprochement deal between Saudi Arabia and Iran announced in March.

    Oman has close ties with Iran, and played a mediating role between Tehran and the United States in the build-up to a nuclear deal Iran and world powers reached in 2015.

  • Iraq budget vote delayed as Kurds oppose amendments on oil

    In a country where political agreements are concluded after endless negotiations between political parties, the objection of the Kurds is...

    Iraqi Kurdistan's Prime Minister Masrour Barzani said Saturday the budget amendments amounted to "treason" and an affront to Iraqi Kurdish rights

    Iraq's oil dependent economy has traditionally been plagued by budget delays, which the government's three-year proposal aimed to avoid

  • Israelis rally in protest at judicial reform after budget approved

    Protesters gathered in other major cities, Haifa and Beersheba, as well as at dozens of junctions and locales throughout the...

    Israeli media put the number of participants in the Tel Aviv demonstration at "tens of thousands," as has occurred on previous occasions

    The government's reform proposals would curtail the authority of the Supreme Court and give politicians greater powers over the selection of judges

  • UN chief ‘shocked’ at Sudan army chief’s demand to dismiss envoy

    The UN chief was "shocked" by Burhan's letter, which requested "the nomination of a replacement" to Perthes and accused him...

    In the letter, Sudan army chief Abdel Fattah al-Burhan accused Perthes of bias and of not respecting "national sovereignty"

    The US State Department voiced its "strong support" for Perthes and its "concern" over Burhan's letter calling for his resignation

  • Several Western states seeking division between OPEC members: Raisi

    Tehran, Iran-- Urging OPEC member countries to preserve cohesion and unity among them, Iran's President Ebrahim Raisi said that several...

    Raisi, citing the history of good relations with OPEC, expressed his country's desire to continue strengthening the cooperation with it

    Haitham al-Ghais applauded the Islamic Republic's effort, both at ministerial and technical level, to strengthen the cohesion and unity of OPEC members

  • Clashes between Iran, Afghanistan forces at border

    Clashes broke out between Iranian and Taliban forces at the border between the two countries, Iranian police said without reporting...

    Even though Tehran and Kabul are bound by diplomatic relations, Iran does not recognize Afghanistan's Taliban government.

    Iran demanded that Afghanistan respect its "water rights", charging that an upstream river dam there is restricting the flow into a lake.

  • Iraq plans ambitious Europe-Middle East road, rail project

    Iraq presented an ambitious plan to turn itself into a regional transportation hub by developing its road and rail infrastructure,...

    War-ravaged and beset by rampant corruption, oil-rich Iraq suffers from dilapidated infrastructure.

    Developing the road and rail corridor would allow Iraq to capitalize on its geographical position.

  • UN backs Sudan envoy as army seeks his replacement

    NEW YORK, US -  United Nations chief Antonio Guterres said he was "shocked" by a letter from Sudanese army chief Abdel Fattah...

    The army and paramilitary RSF are currently in the fifth day of a one-week ceasefire brokered by the US and Saudi Arabia.

    It is the latest in a series of moves by the army chief, who last week officially sacked RSF chief as his deputy in the ruling sovereign council.