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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.
  • Iraq to execute person for killing academic in 2020

    An Iraqi court sentenced to death a former policeman convicted of killing prominent academic Hisham al-Hashemi, whose murder in 2020...

    Prominent academic Hisham al-Hashemi, was shot dead outside his Baghdad home in July 2020 by gunmen on motorcycles.

    Hashemi was a highly qualified academic and his murder in 2020 had attracted condemnation from the West and the United Nations.

  • Syria rejoins Arab League after 11-year absence

    The bloc's foreign ministers unanimously agree to allow government delegations from Syria to resume their participation in meetings ahead of...

    The bloc's foreign ministers unanimously agree to allow government delegations from Syria to resume their participation in meetings ahead of a key summit in Jeddah on May 19.

    The development comes after a decade-long suspension due to President Bashar al-Assad's crackdown on pro-democracy protesters in 2011 that sparked the country's civil war

  • Israel repatriates Jordan MP accused of smuggling

    Israel transferred a Jordanian member of parliament to Amman's authorities, weeks after arresting him for attempting to smuggle pistols, rifles...

    Israel had detained the Jordanian MP Imad Adwan on April 22 when he was crossing between Jordan and occupied West Bank.

    Israeli officials did not prosecute the MP and transferred him to Jordanian authorities for further investigation.

  • Dozens file ‘documents’ to take part in Kuwait polls next month

    Kuwait City, Kuwait -- Dozens of candidates have submitted their candidacy documents for Kuwait's National Assembly election, set to take...

    On Saturday, 31 candidates registered to run in the elections, the second day of registration, bringing the total of hopefuls so far to 61

    The oil-rich country has seen much wrangling between the government and the elected parliament, hampering fiscal reforms

  • Turkey’s Erdogan nears knife-edge vote amid high inflation

    The 69-year-old has become one of Turkey's most important and divisive leaders since his Islamic-rooted party ended half a century...

    Erdogan's global stature soared when he helped stem Europe's migrant crisis in 2016 -- and then plunged when he unleashed a crackdown on dissent later that same year

    He enters one of the biggest elections of Turkey's with his popularity weighed down by a crippling cost-of-living crisis and the social aftershocks of a February earthquake

  • GCC ministers review Sudan’s healthcare, relief bid

    Gulf health ministers discuss ways to upgrade healthcare systems in the region and relief work in Sudan, seeking to enhance...

    Gulf health ministers discuss ways to upgrade healthcare systems in the region and relief work in Sudan, seeking to enhance and unify efforts since the outbreak of the crisis

    Since April 15, at least 700 people have been killed in the conflict, and thousands more have been wounded and displaced internally or across the border to neighboring countries

  • UAE evacuates 176 people, including media professionals, from Sudan

    ABU DHABI, UAE  - The UAE has evacuated 176 people from seven countries, including media professionals, from Sudan on Saturday...

    The UAE will host evacuees and provide them with all necessary support and assistance prior to their safe transfer to their home countries.

    The UAE continues the process of prioritizing the evacuation of the most vulnerable groups, including the sick, children, elderly and women.

  • Protests in Israel carry on for 18th week against judicial reforms

    Thousands of Israelis protested for an 18th straight week against the hard-right government's controversial judicial reforms, despite Prime Minister Benjamin...

    In a statement, protest organizers said the Benjamin Netanyahu government was waiting to turn Israel into a "messianic and dangerous dictatorship".

    Thousands gathered in Tel Aviv's Habima Square as they prepared to march across the city to Kaplan Street waving Israeli flags.

  • British coronation: World leaders congratulate Charles III, Camilla

    Leaders in the United States and Europe sent congratulations to Britain's King Charles III and Queen Camilla on their coronation...

    US President Joe Biden congratulates King Charles III and Queen Camilla on their coronation and praised the enduring friendship between the US and the UK

    China calls for cooperation and peace with the UK, urging a mutually beneficial ties, while EU hails coronation as testament to enduring strength of British monarchy

  • Iran puts to death Swedish-Irani man over ‘terrorism’ charge

    TEHRAN, IRAN- Iran executed Swedish-Iranian dissident Habib Chaab for "terrorism" on Saturday, according to the judiciary."The death sentence for Habib...

    Habib Chaab had been held in Iran since October 2020 after he vanished during a visit to Turkey and was put on trial in Tehran.

    Iran said haab led Harakat al-Nidal, or the Arab Struggle Movement for the Liberation of Ahvaz, which Iran considers a "terrorist group".