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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.
  • Countries need $97 billion to achieve education targets: UNESCO

    Paris, UAE -- Without $97 billion in extra funding, a range of countries will fail to meet their 2030 national...

    The largest financing gap is in sub-Saharan Africa: $70bn per year. The region has the furthest distance to travel, with 20 percent of primary school age children not in school.

    Around one third of the gap could be filled if donors fulfilled their aid commitments and prioritized basic education in the poorest countries, the report found.

  • Houthi rebels and Yemen government complete prisoner exchange

    Sanaa, Yemen-- Yemeni rebels and government forces freed scores of prisoners Sunday on the last of a three day exchange of...

    Planes carrying detainees took off at the same time from the capital of Sanaa and the government-controlled northern city of Marib, ICRC said

    Three other flights during the day were to complete the deal reached in Switzerland last month to exchange 181 government forces for 706 rebels

  • Two killed in Iraqi Kurdistan in strikes blamed on Turkey

    The PKK, which Ankara and its Western allies classify as a "terrorist" organisation, operates rear bases in Iraq's north. Since...

    The strikes late Saturday near the town of Penjwen, close to the Iranian border, targeted a vehicle carrying Turkish Kurdish fighters from the Kurdistan Workers' Party

    Haval Abubaker, regional governor of Sulaimaniyah, expressed his "concern" about the "attacks" in a telephone call with Masrour Barzani, PM of Iraq's autonomous Kurdistan

  • Thousands fill up Tel Aviv to protest against government’s judicial reforms

    The 15th consecutive week of protest came after Prime Minister Benjamin Netanyahu on March 27 announced a "pause" to allow...

    Smaller protests also took place in the northern port of Haifa and outside the home of Justice Minister Yariv Levin in Modiin

    Saturday's demonstration came a day after US rating agency Moody's announced it was lowering Israel's rating from "positive" to "stable"

  • Syrian foreign minister visits Algeria to boost ties

    Algiers, Algeria-- Syrian Foreign Minister Faisal Mekdad arrived in Algeria on Saturday, Algerian state radio reported late on Friday, a...

    According to Algerian state radio, the visiting foreign minister was welcomed by Ahmed Ataf, Algerian foreign minister

    Faisal Mekdad arrived in Saudi Arabia on Wednesday, in the first such trip since civil war broke out in Syria in 2011

  • Lula visit: Brazil, UAE seal climate, biofuels deals

    They also announced a series of deals, including one for the UAE-controlled Mataripe refinery in northeastern Brazil to invest up...

    The countries said in a joint statement the leaders had discussed a range of subjects including trade, technology, defense, aviation and food security

    The strategically located Gulf monarchy is Brazil's second-largest trading partner in the Middle East, according to the official WAM news agency

  • Brazil president reaches UAE to enhance bilateral ties

    ABU DHABI, UAE - Brazilian President Luiz Inacio Lula da Silva arrived here Saturday, following a two-day visit to China to...

    The UAE is Brazil's second-largest trading partner in the Middle East, according to reports.

    Trade between the two trade excluding petrol totaled over US$4 million in 2022 - a 32 percent rise from 2021.

  • Iranian police to prosecute women violating dress code

    Iranian police said they will deal with women who violate the Islamic dress code. The number of women defying the...

    A wave of civil protest swept the Islamic republic after Amini's death, three days after her arrest by the morality police.

    "Removing hijab is considered a crime, and the police deal with social anomalies within the framework of the law," the police said

  • Saudi plane hit by gunfire in Sudan unrest, says airline

    A passenger plane preparing to take off from Sudan for Saudi Arabia came under fire as deadly fighting rocked Khartoum,...

    Clashes broke out between Sudan's army and paramilitaries, and the doctors' union reported three civilian deaths, including at Khartoum's airport.

    Both the Saudi foreign ministry and the Gulf Cooperation Council, headquartered in Riyadh, issued statements of concern about the violence.

  • Nuclear power reactors to shut down in Germany

    BERLIN, GERMANY - Germany will switch off its last three nuclear reactors on Saturday, exiting atomic power even as it seeks...

    The exit decision was popular in a country with a powerful anti-nuclear movement, stoked by lingering fears of Cold War conflict and atomic disasters.

    The challenge caused by Russia's invasion of Ukraine put an end to cheap gas imports and has upped calls in Germany to delay withdrawal from nuclear power.