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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.
  • Ukraine peace talks seem a remote possibility, says UN chief

    CUACOS, SPAIN -  UN Secretary-General Antonio Guterres said peace negotiations to end the conflict in Ukraine were "not possible at this...

    UN Secretary-General Antonio Guterres said he hoped it was possible "in the future" to bring Russia and Ukraine to the negotiating table.

    The UN chief's statement came as the leaders of Russia and Ukraine called for victory during events commemorating the end of World War II.

  • Israel defends Gaza attacks even as its rights record criticized

    Israel told the UN it was justified in carrying out strikes on Gaza, even as its overall human rights record...

    The Israeli army said that in its Gaza air strikes, it had targeted three leaders of Islamic Jihad, which it considers legitimate target.

    Gaza health ministry said four children were among those killed and 20 people were wounded, some of them in serious or critical condition.

  • Syrian, Turkish foreign ministers meeting boost for Erdogan

    The sides will "exchange views on the normalization of relations between Turkey and Syria, discuss humanitarian issues... and the voluntary,...

    The top diplomats of Russia and Iran will also be a part of the meeting in Moscow, Turkey's foreign ministry said in a statement.

    Erdogan had turned into one of Assad's fiercest opponents when the violent repression of protests set off Syria's civil war in 2011.

  • Global tourism industry is on track to reach pre-pandemic levels

    MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is...

    During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.

    The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.

  • UN says over 700,000 displaced within Sudan since beginning of conflict

    Heavy fighting in Sudan has displaced 700,000 people within the country since the middle of April, the United Nations said,...

    Even before the beginning of the fighting, 3.7 million people were registered as internally displaced in Sudan.

    Another 150,000 people have fled Sudan since the beginning of the conflict, as per numbers released by the UN refugee agency.

  • UAE and US climate farming fund swells to US$13 billion

    Thanks to the jump in the fund, the Agriculture Innovation Mission (AIM) for Climate, launched in 2021, now surpasses its...

    Projects such as greener fertilizers are underway that use less fossil fuels to create, and returning to so-called "regenerative agriculture" practices that restore biodiversity

    US Secretary of Agriculture Tom Vilsack and his Emirati counterpart Mariam bint Mohammed Almheiri, are co-hosting an AIM for Climate Summit in Washington this week

  • Canada expels Chinese diplomat, Beijing threatens retaliation

    China said it had filed an official protest over breaches of international law and diplomatic norms, and accused Canada of...

    Candian Foreign Minister Melanie Joly declared the diplomat "persona non grata" and said "Canada would not tolerate any form of foreign interference in our internal affairs"

    According to a source familiar with the matter, Zhao Wei, an official at the Chinese consulate in Toronto at the heart of the affair, has been asked to leave Canada

  • Top Palestinian fighter among 12 killed in Israeli strikes on Gaza

    According to the health ministry of the Hamas-ruled Gaza, 12 people were killed, including women and children. Among the deceased...

    The Israeli attack on Gaza comes less than a week after Islamic Jihad declared an Egypt-brokered truce, in the wake of a fresh surge in violence

    Cross-border fire between Israel and Gaza fighters raged in the wake of the death in Israeli detention of Khader Adnan, who was on hunger strike for 87 days

  • EU cancels Europe Day reception in Tel Aviv over Ben-Gvir participation

    the EU delegation to Israel said it would still celebrate Europe Day on Tuesday but regretted that "this year we...

    Ben-Gvir, who has a history of inflammatory remarks about Palestinians, was charged more than 50 times in his youth with incitement to violence or hate speech.

    Israeli government officials confirmed on Monday that Ben-Gvir "was designated (by the government) to attend the EU event".

  • TRENDS poll: Saudi-Iranian thaw raises stability hopes

    A majority of the people who voted in a TRENDS poll see the China-brokered deal between the two countries as...

    Fifty-nine percent of the voters said the agreement would improve the situation, while 24 percent voted 'no'. The rest are not sure if the deal will be positive for the region.

    The majority of the voters were in the 20-29 age group (41.3 percent), followed by 30-39 years (37.3 percent), 40-49 years (13.5 percent) and the rest were 50 and above.