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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.
  • Iran’s Raisi replaces longtime security chief and leading Gulf mediator Shamkhani

    Shamkhani, an ethnic Arab who had also previously served as a Revolutionary Guards commander, had been credited with defusing Iran's...

    Ahmadian, who studied at the National Defence University, was in charge of the strategic centre of the Islamic Revolutionary Guard Corps before his appointment to the new post

    The presidential decree ends the nearly decade-long tenure of Ali Shamkhani, 67, who played a key role in Iran's landmark rapprochement with Sunni powerhouse Saudi Arabia

  • Israeli army kills three Palestinian fighters in West Bank raid

    The Al-Aqsa Martyrs' Brigades, the armed wing of Palestinian president Mahmoud Abbas's Fatah party, said that the three were among...

    According to the witnesses, gunfire and loud explosion shook the camp even as a house was demolished by the Israeli army

    At least 153 Palestinians, 20 Israeli, a Ukranian and an Italian have been killed since the start of the year in the violence linked to the conflict

  • Oman’s Sultan Haitham and Egypt’s el-Sisi review bilateral ties in Cairo

    Cairo, Egypt--Egypt's President Abdel Fattah el-Sisi and Oman's Sultan Haitham bin Tareq reviewed bilateral relations and regional issues in talks...

    The talks between the two leaders are expected to yield several agreements in defense, trade and economic sectors

    Earlier Egypt's president received Sultan Haitham upon his arrival in Cairo, beginning a two-day official visit, his first to Egypt

  • Dubai Customs seizes over 200 samples of endangered animal, plant species since 2020

    DUBAI, UAE - Dubai Customs (DC) successfully seized, over the past three years, nearly 330 tons and over 200 samples...

    Dubai Customs plays a vital role in combating attempts to smuggle prohibited materials.

    It conducts public awareness campaigns on protecting endangered animals and plants.

  • Sharjah Chamber to send India bound trade group on 29 May

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...

    The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.

    The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.

  • Capable of safeguarding Gulf waters in coordination with neighbors: Iran

    Iran said it is capable of ensuring the safety of the vital Gulf waters in cooperation with neighboring countries. Iran...

    The Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

    Recently the commander of the US Navy's Fifth Fleet transited through the Strait of Hormuz in a guided-missile destroyer.

  • Biden denounces Republican demands on debt ceiling as ‘unacceptable’

    President Joe Biden slammed Republican demands in negotiations to resolve the US debt ceiling standoff as "unacceptable" but said a...

    The Treasury Department says that the US government could run out of money and default on its $31 trillion debt as early as June 1.

    The default can happen if Congress, where Republicans control the House of Representatives, does not authorize more borrowing.

  • Hezbollah carries out military exercise, mock-raids

    AARAMTA, LEBANON - Lebanon's Hezbollah movement simulated cross-border raids into Israel on Sunday in a show of its military might, using...

    Around 200 Hezbollah fighters took part in the raids, part of large-scale military exercise in Aaramta, around 12 miles north of the Israeli border.

    One simulated raid involved a drone attack against a target inside Israel, while in another, fighters attacked vehicles across a mock border.

  • Five Iranian border guards killed in Sistan-Baluchistan province

    Five Iranian border guards were killed during clashes with an armed group in the restive southeastern province of Sistan-Baluchistan, state...

    Iran foreign ministry spokesman Nasser Kanani condemned the attack saying Tehran expects Pakistan to "crack down on terrorist groups".

    The attack was carried out by "a group that was seeking to infiltrate the country" but whose members "fled after suffering injuries, state media said.

  • Erdogan: Turkey’s irresistible force nears final election test

    Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being...

    The ultimate political survivor, Erdogan, has overcome jail and a bloody 2016 coup attempt to emerge as Turkey's most important leader since Mustafa Kemal Ataturk.

    Next Sunday's runoff is turning into a referendum on Erdogan's rule, with its result likely to leave the sharply polarized nation of 85 million deeply divided.