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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 Arabia, US leading diplomatic drive for Sudan truce, end to fighting

    fighting and looting raged most of Thursday in the capital Khartoum and US diplomats were frank about the obstacles in...

    Sudan's warring military factions signed a commitment to respect humanitarian principles in their spiralling conflict late Thursday but they did not reach a ceasefire

    The agreement commits both sides in general terms to let in badly needed humanitarian assistance after looting and attacks targeting aid in the impoverished country

  • GCC-China economic relations move beyond oil trade

    China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and...

    China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and energy relationship

    Brokering talks between Saudi Arabia and Iran highlights China's ambition to challenge the US dollar's hegemony in the Gulf region

  • Global leaders urge ceasefire between Israel, Palestinian groups

    The foreign ministers of Egypt, France, Germany and Jordan called for an end to the violence between Israel and Gaza...

    "The bloodletting must end now," said German Foreign Minister Annalena Baerbock.

    Jordan's Foreign Minister Ayman Safadi also said the "negative developments must end.

  • Iraqi museum damaged by IS works toward reopening

    IS militants used sledgehammers and power tools to deface ancient statues and pre-Islamic treasures housed in the museum.

    A gaping hole remains in the floor of the museum's famed Assyrian gallery, caused by a bomb explosion.

    The artefacts are being revived with financing from the International Alliance for the Protection of Cultural Heritage in Conflict Areas (ALIPH).

  • Yemen peace push ‘serious’ but next steps unclear: Saudi envoy

    "Everybody is serious. Serious means everybody is looking for peace," Mohammed al-Jaber said in his first extensive comments after meeting...

    Jaber, Riyadh's ambassador to Yemen, travelled to Sanaa in April as part of a plan to "stabilize" the truce, which officially expired in October.

    The Houthis see Saudi Arabia as a party to the conflict, whereas Jaber indicated that Riyadh sees itself as more of a mediator trying to facilitate a truce.

  • Iraqi Kurds hold their breath as key Turkish election draws closer

    Iraqi Kurds are watching with anxiety the tightest electoral battle yet for Recep Tayyip Erdogan, the outcome of which could...

    Iraq's Kurdish government scarcely reprimands Ankara, despite Turkey routinely bombarding its territory and causing civilian casualties

    Kurdish leaders have built relationships with Erdogan, if the president changes, the whole relationship between Arbil and Ankara changes,

  • Austria to stop TikTok use on government devices

    Vienna, Austria - Austria said on Wednesday it will ban TikTok on federal employees' work phones, joining a growing list of...

    "The federal government has decided to ban the private use and installation of TikTok on work devices of federal employees," said Austrian government.

    Similar measures have recently been taken by the United States, Britain, Australia, France, the Netherlands and the European Commission.

  • Global warming raises risk of heat-related deaths among workers

    The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard...

    There is no international standard for temperatures for outdoor working, but climate change has forced new scrutiny.

    Last year's World Cup in Qatar drew attention to workers toiling in temperatures that can top 50 degrees, prompting Qatar to ban outdoor working from 10am to 3.30pm.

  • Oman to ramp up ‘military and defense industry’ ties with Iran

    Tehran, Iran-- Oman is keen to improve the military and defense ties with Iran in order to ensure the security...

    Sultan of Oman underscored the importance of developing military and defense industry cooperation between the two countries

    The visiting Iranian Major General Mohammad Bagheri termed Tehran-Muscat relations as stable and positive

  • Saudi diplomats to return to Damascus to restore broken ties

    Syrian President Bashar al-Assad was politically isolated in the region since the conflict began, but a flurry of diplomatic activity...

    The kingdom would seek to develop joint Arab action, Saudi foreign ministry said, two days after Syria was readmitted to the Arab League

    The move comes weeks after Syrian President Bashar al-Assad met in Damascus with Saudi Foreign Minister Prince Faisal bin Farhan