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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.
  • UAE dispatches fresh aid shipment to quake-hit families in Afghanistan

    Abu Dhabi, UAE--The UAE has dispatched a plane carrying 38 tonnes of urgent medical and food supplies to Afghanistan to...

    The food and medical supplies will assist families hit by the earthquake, which has worsened the current humanitarian situation in Afghanistan

    During the last few years, the UAE has ramped up its humanitarian assitance to Afghanistan by dispatcing 28 aircraft loaded with 623 tonnes of medical and food supplies

  • Iran’s Revolutionary Guards officer killed in Israeli strike on Syria

    Tehran, Iran--An officer from Iran's powerful Revolutionary Guards was killed in Israeli air strikes on Syria early on Friday, a website...

    Syrian state media said that Israel in its latest aerial assault launched several missiles from the occupied Golan Heights against positions near Damascus

    Islamic Revolutionary Guard Corps said on its website, Sepahnews, that one of the force's officers was killed in the Israeli raid

  • ‘Election interference, Kangaroo court’: Trump on indictment, says judge hates him

    Trump's pending arrest throws a political grenade into next year's White House race and President Joe Biden sidestepped questions from...

    Trump is to be booked, fingerprinted and will have a mugshot taken at a Manhattan courthouse on Tuesday

    Trump, who is currently at his palatial Mar-a-Lago residence in Florida, was initially "shocked" at the indictment

  • Ajman, Italian-Czech Chambers discuss investment, business opportunities

    AJMAN, UAE - The Ajman Chamber of Commerce and Industry’s (ACCI) discussed with the Italian-Czech Chamber of Commerce in Milan...

    Ajman Chamber is keen to enhance its international cooperation and diversify its foreign partnerships.

    The Chamber discussed the competitive elements provided by Ajman economy and the investment opportunities available.

  • Italy blocks AI chatbot ChatGPT over data privacy failings

    Italy became the first western country to take such action against the popular chatbot. The country's Data Protection Authority said...

    ChatGPT caused a global sensation when it was released last year for its ability to generate essays, songs, exams and even news articles from brief prompts.

    Universities and some education authorities have banned the chatbot over fears that students could use it to write essays or cheat in exams.

  • Parched Tunisia imposes water rationing, mulls prison for violators

    The country's dams are at critical lows following years of drought, exacerbated by pipeline leaks in a decrepit distribution network....

    None of the country's major reservoirs is more than a third full, while some are at less than 15 percent, threatening Tunisia's agricultural sector.

    The Tunisian Federation for Agriculture and Fisheries said thousands of hectares of farmland risked being left fallow due to the lack of rain.

  • Blinken affirms Israel ties, warns on peace after Netanyahu spat

    US Secretary of State Antony Blinken called Foreign Minister Eli Cohen and "reaffirmed the importance of the enduring US– Israel...

    Joe Biden called on Israeli Prime Minister Benjamin Netanyahu to step back from a bid to weaken the judiciary that has set off massive protests

    Netanyahu responded that he would not bow to foreign pressure but took a more conciliatory tone when he participated in a democracy summit

  • Japan plans export control measures for chip equipment

    TOKYO, JAPAN -  Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for...

    The move to curb export of chip equipment comes as Japan confirmed its top diplomat will visit China this weekend.

    As the second- and third-largest economies of the world, China and Japan are key trading partners.

  • UN to dispatch first convoy to W. Sahara mission sites since 2020

    The announcement comes as UN envoy to the region Staffan de Mistura invited parties including Morocco and the Polisario Front...

    The oldest functioning security barrier in the world separates the Moroccan territory from land controlled by Polisario rebels

    Rabat, which controls some 80 percent territory, advocates a plan for limited autonomy for Western Sahara under Moroccan sovereignty

  • UN agency estimates quake hit 20% of Turkey’s food production

    The Food and Agriculture Organization (FAO) said initial assessments in Turkey revealed "severe damage to agriculture, including crops, livestock, fisheries...

    FAO estimated the quake caused $1.3 billion in damage, through destruction of infrastructure, livestock and crops, and $5.1 billion in losses to Turkey's agricultural sector

    The UN's food agency is appealing for $112 million to help quake-affected communities in Turkey, including $25 million under a wider UN appeal issued in February