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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 hands down death sentences to two over Shiraz shrine attack

    TEHRAN, IRAN -  An Iranian court sentenced two people to death over an October attack on a shrine in the southern...

    The pair were convicted of assisting in "corruption on earth, armed rebellion and acting against national security".

    Three other defendants in the case were sentenced to prison for five, 15 and 25 years for being members of IS group.

  • Jordan Chamber of Commerce, Hungarian envoy discuss economic ties

    AMMAN,  JORDAN -  Vice President of the Jordan Chamber of Commerce (JCC) Jamal Rifai discussed with Hungarian Ambassador to Jordan...

    The joint Jordanian-Hungarian committee aims to present investment opportunities in the two countries.

    In 2022, Jordan's exports to Hungary was worth US$1.15 million and imports were US$34 million, as per official data.

  • India looks to broaden partnership with GCC countries

    New Delhi, India--India has stepped up multi-faceted consultations with GCC states ahead of the Group of Twenty (G20) Summit to...

    According to India's External Affairs ministry, the two countries reviewed bilateral ties in different domains and identified new areas of cooperation

    Oman is taking part in G20 as a special invitee with India inviting nine countries under the category

  • Turkey’s Erdogan asks parliament to back Finland’s bid to join NATO

    Ankara, Turkey--Turkish President Recep Tayyip Erdogan ended months of diplomatically charged delays on Friday and asked parliament to quickly back Finland's...

    Erdogan told Finnish President Sauli Niinisto that Helsinki had shown a strong commitment to addressing Ankara's security concerns.

    Turkey has been seeking the extradition of dozens of Kurdish suspects it accuses of ties to outlawed militants and a failed 2016 coup attempt

  • 100 killed in Israeli-Palestinian conflict this year

    The Palestinian health ministry announced the death of Yazan Omar Jamil Khasib, 23, who died "after the occupation (Israel) opened...

    Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of 86 Palestinian militants and civilians, including children

    Thirteen Israeli adults and children, including members of the security forces and civilians, and one Ukrainian civilian have been killed over the same period

  • Tunisia’s interior minister, and close aide of president, resigns

    Taoufik Charfeddine, a close aide of Tunisia's President and the country's interior minister, has announced his resignation in order to...

    Charfeddine, a former lawyer, was a key figure in the election campaign that propelled the previously little known Saied to the presidency in 2019

    When Saied mounted his power grab and ordered a wave of arrests, Charfeddine held news conferences to defend the incarceration of opposition politicians

  • Abu Dhabi-Japan Economic Council reviews growth in bilateral trade and investments

    TOKYO, JAPAN - The ninth session of the Abu Dhabi-Japan Economic Council (ADJEC) here has reaffirmed its commitment to further...

    In 2022, the bilateral trade between the UAE and Japan rose 57.5 percent to exceed US$54 billion.

    UAE exports to Japan grew 69.7 percent to US$45.9 billion compared to US$27 billion in 2021.

  • UAE, Georgia sign Comprehensive Economic Partnership Agreement

    The UAE and Georgia signed a joint statement confirming the successful conclusion of negotiations towards the UAE-Georgia Comprehensive Economic Partnership...

    Comprehensive Economic Partnership Agreement (CEPA) signing took place in Georgia’s capital Tblisi during a UAE delegation's visit to the country.

    The free trade agreement or CEPA will lay the foundation for deeper, stronger and more integrated economic relations between the UAE and Georgia.

  • Lebanon central bank chief denies financial misconduct

    Lebanese central bank governor Riad Salameh maintained his innocence following a second day of questioning before European investigators in Beirut...

    Following a three-hour session, Salameh released a statement saying he appeared as a witness and "not as a suspect or facing charges".

    The European investigators are looking into allegations of financial misconduct, including possible money laundering and embezzlement.

  • Turkey’s foreign minister to visit Egypt as relations ‘return to normal’

    It follows a visit last month by Egypt's Foreign Minister Sameh Shoukry to Turkey in a show of solidarity after...

    At the time, Turkey's President Recep Tayyip Erdogan said he would "never" speak to "anyone" like Egyptian President Abdel Fattah al-Sisi.

    But in November, Sisi and Erdogan shook hands in Qatar, in what the Egyptian presidency heralded as a new beginning in their ties.