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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.
  • Quake-hit Syrians brace for subdued Ramadan

    Now displaced in the rebel-held countryside of northern Syria, she places on the bare ground of her shelter a few...

    The conflict, which erupted in 2011 with the brutal repression of peaceful protests, cost the lives of over 500,000 people

    The United Nations warned last week that Syria faced "unprecedented levels of poverty and food insecurity".

  • No plans of reviving West Bank settlements, says Israel

    Prime Minister Benjamin Netanyahu's office said the parliamentary vote scraps "a discriminatory and humiliating law, that prohibited Jews from living...

    Israeli parliament had revoked a law Tuesday that banned Jewish settlers from residing in some areas of occupied West Bank.

    In 2005, the Israeli government had vacated the Gaza Strip and removed Jewish settlers from four areas of occupied West Bank.

  • UAE, Pakistan discuss ways to enhance mutual trade, investment

    The UAE accounts for over 40% of Pakistan's trade with Arab countries, with non-oil exports from the UAE to Pakistan...

    UAE is Pakistan's leading investment partner in the Gulf and fifth at a global level, a report said at the end of 2021.

    The non-oil trade between the two hit the figures of $7 bn in 2022, marking an increase of 30 percent compared to 2021.

  • Tear gas fired at Lebanon protest against economic meltdown

    Lebanon's economic meltdown, described by the World Bank as one of the worst in recent global history, has plunged most...

    The Lebanese pound, officially pegged at 15,000 to the dollar, has been trading on parallel markets at more than 100,000 against the greenback.

    Some protesters shouted slogans against the political elite, widely blamed for the country's financial collapse.

  • UN’s water report: Floods cause $650bn in damages in 19 years

    UN Water forum published its report as the first major conference on the issue in nearly a half-century is set...

    Global water consumption has increased by about 1 percent per year over the past four decades.

    Warming also intensifies and raises the frequencies of droughts, which over the same period affected 1.4 billion people.

  • Israel missiles hit Syria’s Aleppo airport: monitor

    It was the second such attack in a month on the airport in Syria's second city, which has been a major...

    The transport ministry said the Israeli strikes caused damage to the runway and to airport equipment, forcing all flights to be redirected to Damascus or to Latakia

    Since civil war erupted in Syria in 2011, Israel has carried out hundreds of strikes against its neighbor, primarily targeting positions of the Syrian army

  • Xi by his side, Putin accuses west of rejecting Beijing’s peace proposals

    Putin called the talks with Chinese president "meaningful and frank" and said that Russia, which has been largely cut out...

    Putin said he was open to talks on Ukraine and praised Beijing's 12-point position paper on the conflict, which includes a call for dialogue

    Energy is a key focus of Xi's visit, and Putin announced the two countries had reached an agreement on the Power of Siberia 2 gas pipeline

  • ‘Strategic position makes UAE key blockchain, Web 3 player’

    There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci,...

    There is a need for more regulations in the cryptocurrency industry to prevent immoral and aberrant behavior, says Anthony Scaramucci, former White House Communications head

    The blockchain and Web 3 are the future, and UAE's well-designed cities of Dubai and Abu Dhabi make them critical players in the industry, adds SkyBridge Capital founder Scaramucci

  • China diplomatic offensive lays down new challenge for US

    But US officials and experts say that China's diplomacy is not so much about ending the war as an attempt...

    Xi pushed forward positions on Ukraine during two days of talks in Moscow, a week after China announced the restoration of ties between Iran and Saudi Arabia

    The United States has been skeptical of China's diplomatic offensive, believing its proposed ceasefire would only provide time for Russia to regroup forces

  • Israel annuls law banning settlers from residing in West Bank areas

    The parliamentary vote notably paves the way for Israeli authorities to formally allow settlers to return to Homesh, the only...

    An amendment approved by lawmakers overnight permits Israelis to return to the West Bank settlement sites near the city of Nablus.,

    Israel's Finance Minister Bezalel Smotrich, who claimed "there isn't a Palestinian people", heralded the parliamentary vote as "historic".