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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.
  • Jordanian-Bahraini business forum explores investment opportunities

    AMMAN, JORDAN - The Jordan Chamber of Industry (JCI) organized the Jordanian-Bahraini Business Forum in Bahrain's capital, Manama, to increase...

    The Jordan Chamber of Industry stressed on the role of the private sector as a driver of the economy.

    The JCI described the level of trade between Jordan and Bahrain as "below aspirations," amounting to less than US$300 million.

  • Turkey’s bickering opposition seeks unity against Erdogan

    The opposition's campaign "appears abstract and distant" to voters, especially in a country where the media is heavily controlled by...

    The opposition's campaign "appears abstract and distant" to voters, especially in a country where the media is heavily controlled by the government, Western diplomat said

    Rumors are swirling that Erdogan may push forward the election to late April or early May, giving the opposition even less time to prepare

  • Israel justice minister presents controversial court reforms

    After November elections, Prime Minister Benjamin Netanyahu returned to power last week, heading what analysts call the most right-wing government...

    The key reform proposed, the "derogation clause", would allow parliament to annul a decision of the Supreme Court with a simple majority vote

    Analysts say such a clause would also allow lawmakers to uphold any annulment of the corruption charges against Netanyahu

  • UAE President and Jordan’s King discuss ties in Abu Dhabi

    The UAE President Sheikh Mohamed bin Zayed has met with Jordan's King Abdullah II in Abu Dhabi and discussed "fraternal...

    Ayman Al Safadi, Deputy Prime Minister and Minister of Foreign Affairs and Expatriates of the Hashemite Kingdom of Jordan was also present

    Upon his arrival, the king was welcomed by the president and a number of Sheikhs

  • Iranian Revolutionary Guard killed outside his house in Tehran

    Tehran, Iran - A member of Iran's Revolutionary Guards was shot dead outside his house in Tehran, state media reported Wednesday,...

    Qassam Fathollahi was shot "four times in front of his house" in southern Tehran late Tuesday by "unknown persons".

    Police had noted "signs of theft from the apartments around the scene" of the shooting, the report added.

  • Palestinians mull next moves after Israel minister’s Al-Aqsa visit

    Hours after Ben-Gvir's appearance at the sensitive site, Hamas and other militant groups held emergency meetings to discuss a "proportionate"...

    Jamal al-Fadi, a politics professor at Gaza's Al-Azhar University, said Hamas "does not want a new military escalation and is currently gauging American and Arab reactions".

    Israel's left-wing daily Haaretz cautioned a key moment would come Friday, when thousands of Muslims gather at the compound for prayers.

  • Japan’s PM to meet Biden in Washington, visit other G7 allies

    The two leaders are expected to discuss regional security challenges, including North Korea and China, as well as Russia's invasion...

    Japan is assuming the presidency of the G7 grouping and Kishida said he also plans to visit members France, Italy, Canada and Britain this month

    Kishida will host the G7 leaders summit in Hiroshima in May and wants to put achieving a world free of nuclear weapons on the international agenda

  • Pakistan expects a boost in trade with UAE in 2023

    Abu Dhabi, UAE--The bilateral trade between Pakistan and the United Arab Emirates is expected to double from the US$10.6 billion,...

    The ambassador said the UAE is the biggest trading partner of Pakistan in the MENA region and that CEPA would provide an opportunity for the two countries to increase trade

    More than a million Pakistanis residing in the UAE sent $6.11 billion in remittances during 2020-21

  • Turkey hosts Syria opposition after outreach to Assad

    Erdogan's hopes for talks with Assad follow calls from Turkey's main opposition party as it is pressing Erdogan to speed...

    Erdogan has suggested that the talks between the defense chiefs be followed up by a meeting between the foreign ministers that could set up a potential presidential summit

    Erdogan's foreign policy adviser Ibrahim Kalin confirmed that Ankara was now pressing Damascus to take steps for the return of Syrian refugees who fled the fighting to Turkey

  • Iraq says former official returned fraction of stolen US$2.5BN

    The government of Prime Minister Mohammed Shia al-Sudani took over from Kadhemi in October and has made regular announcements about...

    The anti-corruption agency identified the suspect who returned the funds as Haitham al-Juburi, who is in detention and a former adviser to ex PM Mustafa al-Kadhemi

    According to a document of tax authority, $2.5 billion was allegedly expropriated between September 2021 and August last year through 247 cheques cashed by five enterprises