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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.
  • Manaf Al Hajri named finance minister in new Kuwait cabinet

    Dubai, UAE -- Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has named Manaf Abdulaziz Al Hajri as minister for finance...

    Most of the ministerial portfolios remain unchanged in the new cabinet, such as Bader Al Mulla, who stays the oil minister.

    Sheikh Talal Al-Khaled Al-Sabah re-appointed as minister of interior and acting minister of defense, and Sheikh Salem Abdullah Al-Jaber Al-Sabah continues to be foreign minister.

  • Saudi delegation arrives in Yemen for peace talks with Houthis

    The delegation's arrival comes roughly a month after China helped broker a surprise rapprochement between Saudi Arabia and Iran, fuelling...

    Saudis and Houthis are believed to have agreed in principle on a six-month truce to pave the way for three months of talks on establishing a two-year "transition" for Yemen.

    The deal is expected to fulfil key Houthi goals, including paying salaries of civil servants in Houthi-controlled areas and lifting restrictions on Houthi-controlled airports.

  • Iran officials to visit Saudi Arabia on April 14 ahead of reopening diplomatic missions

    Iran's foreign ministry said a delegation will visit Saudi Arabia by April 14 to pave the way for reopening its...

    "We are expecting a foreign ministry delegation to visit Saudi Arabia" by Friday (April 14), Deputy Foreign Minister Alireza Enayati said.

    "Two separate delegations will go to Riyadh and Jeddah", ahead of the reopening of Iran's embassy and consulate respectively, he said.

  • Pope deeply concerned as Israel-Palestine violence escalates

    VATICAN CITY, HOLY SEE - Pope Francis underlined his "deep concern" over a flare-up in tensions between Israel and Palestinians, as...

    Fresh violence "threatens the climate of trust and mutual respect needed to resume dialogue between Israelis and Palestinians," the Pope said.

    Israel launched artillery strikes on Syria in retaliation for rockets the army said were fired from there onto Israeli territory.

  • Oman issues order to regulate consumer cooperatives

    MUSCAT, OMAN  -   Oman Ministry of Commerce, Industry and Investment Promotion on Sunday  issued an order to regulate the activities...

    The order aims at promoting Omani products, establishing new supply chains, supporting national industries.

    The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.

  • Antony Blinken urges Israelis, Palestinians to deescalate tensions

    In a telephonic conversation with UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, Blinken...

    “The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” Patel said.

    The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal.

  • Rocket debris falls in Jordan after blast near Syria border

    Amman, Jordan--Jordan's army announced that a rocket exploded Saturday evening and its debris fell in Jordanian territory near the border with...

    The explosion in the air coincided with the Israeli army announcing the launch of artillery strikes in Syria in response to rocket from there

    The Jordanian army statement said the debris did not cause any casualties or damage and that officials were examining the site of the incident

  • US Justice Dept launches investigation into secret US documents leak

    US officials told that some documents appeared to be manipulated but many were consistent with CIA World Intelligence Review reports...

    The breach appears to include assessments and secret intelligence reports that touch not only on Ukraine and Russia but also highly sensitive analyses of US allies

    US media said, the leak would prove valuable to Moscow by showing how deep US intelligence has penetrated parts of the Russian military apparatus

  • Iran police to deploy ‘smart’ technology to nab unveiled women

    Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise...

    A police statement warned that action would be taken against "norm-breaking people" by using tools and smart cameras in public places

    Since the death in custody of Mahsa Amini last year , the number of women defying the compulsory dress code has increased

  • Thousands protest in Tel Aviv against Netanyahu plan to reform judiciary

    Continuing with their protests against Prime Minister Benjamin Netanyahu's plans to reform the judiciary, tens of thousands of demonstrators filled...

    Tensions have surged in the region since the storming of Al-Aqsa mosque on Wednesday by Israeli forces, forcibly removing Palestinian worshippers from the mosque

    Israel has been hit by protests for many weeks now since the reform plans were announced in January by Netanyahu's government, which was formed in December