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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.
  • Clashes in Gaza continue despite truce efforts

    Israeli air strikes battered Gaza and militants fired rockets again as deadly fighting resumed after a night of relative calm,...

    Witnesses in Gaza reported that air strikes pounded uninhabited areas of the crowded enclave, while air raid sirens wailed in neighboring parts of Israel.

    The Fatah movement of Palestinian president Mahmud Abbas said the two men killed in the raid were members of its armed wing,

  • UAE presents labor laws to UN Human Rights Council in Geneva

    DUBAI, UAE - The UAE presented its legislative ecosystem - which regulates the local labor market, provides social security and...

    Several UAE federal, local government entities and civil society organizations were part of the delegation.

    The new labor legislations include provisions that prohibit discrimination on all grounds as defined in international conventions.

  • Saudi Arabia and Iran discuss ‘opportunities to develop and strengthen’ ties

    Riyadh, Saudi Arabia-- Saudi Arabia and Iran have discussed ways to strengthen the ties between the two countries in a...

    The Iranian minister described the expansion of the Saudi-Iranian relations as a "win-win" development

    The two ministers met in Jeddah on the sidelines of the Islamic Development Bank Group's conference

  • Iran to receive fighter jets from Russia in sign of growing military ties

    Tehran, Iran--Iran will begin to receive the first batch of Russian SU-35 fighter jets next week, according to Mehr News...

    Being under Western sanctions, both Iran and Russia have signed deals in recent months to boost military, economic, trade, and energy ties

    Apart from the 24 jets, Iran will also receive from Russia air defense systems, missile systems and helicopters from Russia in the near future

  • Saudi, Russian foreign ministers talk on phone, discuss ties, Ukraine

    Riyadh,  Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah discussed in a phone call...

    During the call, the two ministers also exchanged views on a number of regional and international issues and developments of common concern

    In the recent past, as Saudi Arabia’s relationship with the US has become less certain, the kingdom has made an effort to build ties with China and Russia

  • Iraq awaits Turkey’s response to resume Kurdish oil exports

    The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...

    Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.

    But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.

  • US to bolster presence in Gulf after Iran threat, says White House

    The United States said it was sending reinforcements to the Gulf after what it called increasing harassment by Iran of...

    US National Security Council spokesman John Kirby said Iran has "harassed, attacked or interfered" with 15 internationally flagged merchant vessels over the past 15 years.

    "The United States will not allow foreign or regional powers to jeopardize freedom of navigation through the Middle East waterways including the Strait of Hormuz, he said.

  • Iran releases two French citizens from prison, says Paris

    Iran released two French citizens jailed in separate cases, France said, urging Tehran to release several others still detained in...

    The pair were among some two dozen foreigners jailed in Iran who campaigners see as hostages held in a deliberate strategy by Tehran.

    Four more French citizens, described previously as "hostages" by the French foreign ministry, are still being held in prison by Iran.

  • UAE President, Macron hold talks to strengthen strategic partnership

    Dubai, UAE -- UAE President Sheikh Mohamed bin Zayed Al Nahyan has discussed the longstanding strategic partnership between the UAE...

    They also explored opportunities to further expand bilateral cooperation across various sectors, WAM reported.

    Their talks also covered other fields central to both countries’ sustainable development ambitions, including investment, the economy, food security, and advanced technology.

  • Turkey says Ukraine grain deal nearing agreement

    The Black Sea Grain Initiative, in place since July after diplomacy by the United Nations and Turkey, allows Ukraine grain...

    NATO member Turkey, which has good ties with Russia and Ukraine, has pushed both countries to resume peace talks after negotiations broke down last year

    Ankara helped the United Nations broker the grain deal last July, helping ease a spike in global food prices caused by Russia's invasion