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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.
  • Turkey slams Sweden for refusing to extradite reporter

    Sweden's Supreme Court cited the risk of Turkey's "persecution based on this person's political beliefs" when it blocked the request...

    Sweden's Supreme Court cited the risk of Turkey's "persecution based on this person's political beliefs" when it blocked the request on Monday.

    Turkish President Recep Tayyip Erdogan wants Sweden to return dozens of people that he suspects of involvement in a failed 2016 coup.

  • UAE pledges full support to Jordan, condemns assault on its security

    Abu Dhabi, UAE - The UAE has affirmed full support and solidarity with Jordan, stressing the importance of ensuring stability...

    The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed the UAE's support for all measures taken by the Jordanian government.

    It said UAE condemns these criminal acts and its permanent rejection of all forms of violence and terrorism aimed at undermining security.

  • Allow Iraq to choose path not dictated by foreign powers: Macron

    The "Baghdad II" meeting in Jordan, which alongside regional powers also includes officials from France and the European Union, follows...

    Iraq has been caught for years in a delicate balancing act between its two main allies, the United States and Iran.

    It has endured nearly two decades of turmoil since the US-led invasion toppled Saddam Hussein in 2003.

  • Iran, EU diplomatic heads meet at Jordan summit

    SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of...

    The meeting comes at a time when negotiations in Vienna aimed at reviving the 2015 Iran nuclear deal are stalled.

    EU foreign policy chief Josep Borrell tweeted that the meeting was "necessary... amidst deteriorating Iran-EU relations".

  • World Bank cuts China growth forecasts on Covid woes, property crisis

    In a statement, the World Bank slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also...

    After years of sudden lockdowns, mass testing, long quarantines and travel restrictions, China this month abruptly abandoned its zero-Covid policy

    Beijing has sought to mitigate low growth with a series of easing measures to provide support, slashing key interest rates and pumping cash into the banking system

  • Months after deadly quake, Afghan survivors get new homes

    In Afghanistan, hundreds of earthquake-resilient concrete homes, many built by local laborers with the support of the United Nations refugee...

    More than 1,000 people were killed and tens of thousands made homeless after the 5.9-magnitude quake struck the impoverished province of Paktika on June 22

    Even before the earthquake, Afghanistan was in the grip of a humanitarian disaster made worse by the Taliban takeover in August 2021

  • Libya court sentences 17 ‘IS members’ to death

    Tripoli, Libya-- A Libyan court on Monday sentenced 17 people to death after finding them guilty of joining the Islamic...

    The prosecution said that those on trial had killed a total of 53 people, "destroyed public buildings" and "disappeared dozens of people"

    Libya's collapse into violence after the revolt that toppled and killed dictator Moamer Kadhafi in 2011 left a power vacuum that was filled by a multitude of armed groups

  • Israel hits Damascus with ‘a burst of missiles’

    At least two people were killed in an Israeli missile strike on Hezbollah weapons depot in the Damascus area overnight,...

    A Syrian military source, quoted by SANA, said Israel carried out "a burst of missiles targeting some points in the vicinity of Damascus

    Israel has repeatedly said it will not allow its archfoe Iran to gain a foothold in Syria

  • Saudi Arabia, UAE lowest-risk investment havens in the ‘riskiest’ Middle East and Africa region

    The region was ranked the riskiest by the Global Risk Report Quarterly Update. But the GCC region stood out, offering...

    In Africa, Morocco, Botswana and South Africa were the low-risk investment destinations, in that order, as far as the macroeconomic risks are concerned.

    Syria, Yemen, and Libya were on the list of the highest-risk countries in the third quarter.

  • Iran says Jordan summit is a good opportunity for nuclear talks

    TEHRAN, IRAN - Iran's foreign minister said Monday that a summit to take place this week in Jordan will be a...

    On-off talks to revive the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), started in April last year.

    A UN nuclear watchdog team led by IAEA deputy director-general was on a one-day visit to Iran.