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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 offers to solve Lebanon’s electricity shortage

    Tehran, Iran - Iran's Foreign Minister, Hossein Amir-Abdollahian, has offered to solve Lebanon's electricity shortage issue through bilateral cooperation despite...

    Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah

    Lebanon has been facing severe electricity crisis, with frequent power outages affecting households and businesses

  • Iraq president seeks to deepen partnership on his visit to Iran

    Tehran, Iran--Accompanied by a large delegation, Iraq's President Abdul Latif Rashid arrived in Tehran to deepen economic, trade and political ties...

    The two presidents will hold talks on trade, climate change, security, stability at the Saadabad Cultural and Historical Complex

    The Iraqi president has maintained that the two neighbors can contribute to strengthening of security and stability in the region

  • Turkish president, UN chief discuss grain deal over phone, Sudan situation

    Ankara, Turkey  - Turkish President Recep Tayyip Erdogan on Friday discussed over the phone with the UN Secretary-General Antonio Guterres...
  • Iranian president Raisi to visit Syria ‘in the near future’

    Raisi's planned trip comes against the backdrop of a rapprochement between regional rivals Iran and Saudi Arabia, and increased Arab...

    The planned visit comes in the context of "multidimensional" cooperation between Tehran and Damascus

    Iran is a major ally of President Bashar al-Assad and has given financial and military support to his regime

  • European probe officials to question Lebanon central bank audit firms

    European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with...

    Visiting European investigators plan to question officials from the Lebanon offices of Deloitte, Ernst and Young, and a local firm.

    The European investigators arrived in Beirut this week on their third trip to Lebanon in connection with the probe.

  • Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

    JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...

    Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.

    The project will empower local communities, improve their access to quality and resilient infrastructure.

  • UAE to take part in meeting with Arab finance ministers, experts

    ABU DHABI, UAE - The UAE will participate in the Joint Annual Meeting of Arab Financial Institutions, which will be...

    UAE will participate in the 52nd annual meeting of the Board of Governors of the Arab Fund for Economic and Social Development.

    UAE will also take part in the 47th annual meeting of the Board of Governors of the Arab Bank for the Economic Development in Africa.

  • US slaps fresh sanctions on Russia, Iran for ‘hostage-taking’

    The US is "showing that one cannot engage in this sort of awful behavior of using human beings as pawns,...

    The sanctions came a month after Russia detained Wall Street Journal reporter Evan Gershkovich, charging him with spying

    At least three US citizens are being held in Iranian prisons, including businessman Siamak Namazi, held in Tehran's Evin prison since 2015

  • ‘Shots fired’ at vessel in waters south of Yemen, says British navy body

    Previous attacks have been blamed on Somali pirates but they have fallen in recent years as a result of international...

    Shots were fired at the unidentified vessel in the Gulf of Aden, said UKMTO, which provides security alerts for the shipping trade

    UKMTO report comes a day after Iran seized a US-bound oil tanker in the Gulf of Oman, another waterway bordering the Arabian Peninsula

  • NATO secretary general calls Jordan king, reaffirms strategic partnership

    Amman, Jordan - Jordan King Abdullah on Wednesday received a phone call from NATO Secretary General Jens Stoltenberg during which...

    They discussed “the deep-rooted cooperation and strategic partnership,” in military, training, and defence areas

    Earlier this month, Prime Minister Bisher Khasawneh met a delegation from the Republican Party of the US Congress