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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.
  • Saudi meet stresses carbon capture vital for net-zero goals

    Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...

    The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.

    In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.

  • Blinken reaches Turkey to support quake-hit country

    US Secretary of State Antony Blinken arrived in Turkey to show support to the earthquake-hit country and NATO ally which...

    His visit comes after a 7.8-magnitude tremor hit southeastern Turkey and northern Syria killing nearly 45,000 people

    The top US diplomat arrived at Incirlik air base in southern Turkey through which the United States has shipped aid

  • Abu Dhabi delegation in Israel explores business opportunities

    ABU DHABI, UAE -  A delegation of 10 Abu Dhabi entities visited Israel from  February 12-16 to discuss business cooperation...

    The Abu Dhabi delegation participated in the 2023 OurCrowd Global Investor Summit in Israel.

    The delegation hosted the Abu Dhabi Pavilion showcasing business and investment opportunities in the emirate.

  • Turkey’s fragile economy reels from tremors of earthquake

    Turkey was already battling runaway inflation and relying on rich allies for funding to keep its economy afloat when a...

    The quake in Turkey has damaged energy facilities, infrastructure, transportation, irrigation and logistics, added Tamgac

    The UN's Food and Agriculture Organisation has warned of disruptions to basic food production in Turkey and Syria

  • Iran indicts woman for throwing headscarf to ground during protest

    Tehran, Iran--Iran's judiciary is prosecuting a woman for "disrespecting" the Islamic headscarf after she threw hers to the ground during a...

    Since the Amini protests erupted last year, more and more women have been venturing out without covering their hair

    The requirement for women to wear the headscarf in public has triggered protests since the death in custody of 22-year-old Mahsa Amini in September

  • International defense conference begins at ADNOC Business Center

    Abu Dhabi, UAE-- The International Defence Conference (IDC 2023), which will be held one day ahead of the IDEX and NAVDEX...

    The conference is expected to see the participation of a large number of leaders and officials from regional and international defence and security companies

    The IDC 2023 is organised by ADNEC Group in cooperation with the Ministry of Defence and in strategic partnership with Tawazun Council (Tawazun)

  • Kuwait FM meets EU’s Josep Borrell in Munich to discuss ties

    Munich, Germany--Kuwait Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah met High Representative of the European Union for Foreign Affairs and...

    Sheikh Salem explained the stance of Kuwait on the issue of Schengen visa waiver for Kuwaiti nationals.

    The talks between the two also dealt with several regional security challenges, including the war in Ukraine, the situation in the Middle East and Iran’s nuclear file

  • Tunisia’s Saied kicks out Europe’s trade unionist for ‘interference’

    Earlier in Saturday, Esther Lynch, Europe's top trade union official took part in a demonstration organized by the UGTT trade...

    The Saturday's protest were partly organized to demand the release of senior UGTT official Anis Kaabi, who was arrested on January 31 following a strike by toll booth staff

    Esther Lynch, Europe's top trade union official had given a speech to thousands of people at a demonstration organized by the UGTT in Tunisia

  • Blinken urges calm in telephone calls with Israel, Palestinian leaders

    Washington, United States--Secretary of State Antony Blinken spoke Saturday with Israeli Prime Minister Benjamin Netanyahu and separately with Palestinian president Mahmud...

    He spoke by telephone with both men to reaffirm US commitment to "a negotiated two-state solution and opposition to policies that endanger its viability,"

    Last year was the deadliest year in the West Bank since the United Nations started tracking casualties there in 2005

  • Israeli missile strike on Damascus kills 15 people: monitor

    In yet another missile strike by Israel on Damascus, 15 people were killed and a residential building was destroyed in...

    The missile strike hit in Kafr Sousa, a high-security area of the Syrian capital, which is home to senior security officials, security branches and intelligence headquarters

    Footage posted by state media showed that a 10-storey building was badly damaged during the strike, crushing the structure of its lower floors