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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.
  • G20 Interfaith Forum to convene in Abu Dhabi

    Abu Dhabi, UAE— The G20 Interfaith Forum (IF20), the world’s leading organisation focused on the intersection of faith and policy...

    The UAE is hosting the event as part of its ongoing initiatives to promote cultural interaction and global convergence

    The 2022 Forum in Abu Dhabi will serve as a bridge between the November G20 Summit in Indonesia and the launch of the 2023 G20 agenda, with India as 2023 host

  • SASO, Chinese SAC renew technical cooperation program

    The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety...

    The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety of goods

    It also aims to establish frameworks for joint cooperation in several areas, most notably the exchange of information and research studies

  • US presses UN on Israeli settlement business blacklist

    The initial publication -- which listed US companies including Airbnb, Expedia and TripAdvisor -- was denounced by the then administration...

    The State Department confirmed that it had approached the UN human rights office with concerns about the list

    New UN rights chief, Volker Turk, faces an upcoming choice on whether to update the list and may do quietly without announcing it

  • Saudi Crown Prince: ‘Arabs will race for progress and renaissance once again. We will prove that every day’

    China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh.

    China has established comprehensive strategic partnership relations with 12 Arab countries separately, says Xi Jinping during Arab-China Summit in Riyadh

    The summit vowed to confront the food, energy and climate crisis, and find political solutions to thorny issues and working to maintain peace and security in the region

  • European Union to add $2.1 bn to fund used for arming Ukraine

    Diplomats said a preliminary agreement had been struck among the 27-member bloc to bolster the European Peace Facility, which has...

    But diplomats said a separate standoff with Hungary over its own frozen EU funds could see Budapest delay approval.

    The European Peace Facility was set up last year to help the European Union fund military assistance to its international partners as the bloc looks to increase its global clout.

  • EU seeks more sanctions on Iran for Russian drone supply

    The EU is set to impose more sanctions on Iran for drone supplies to Russia and a crackdown on protests...

    The EU is looking under a separate sanctions package to stop the supply of drone engines from the bloc to Russia and Iran.

    Another 20 individuals and one organization will be added to the asset freeze and visa ban blacklist over the repression of demonstrations in Iran.

  • Tourists, cruises, flights to Aqaba on the rise in December

    AQABA, JORDAN - The southern city of Aqaba is welcoming an increasing number of local visitors and foreign tourists of...

    The ports of Aqaba are expected to receive eight giant cruise ships carrying about 2,700 tourists each.

    King Hussein International Airport in Aqaba has received 18 flights from abroad in since the beginning of December.

  • Arab leaders adopt plan for 2023-2027 to push GCC-China partnership

    "China will continue to firmly support the GCC countries in maintaining their own security... and build a collective security framework...

    Egyptian President Abdel Fattah El-Sisi said the Arab-Chinese summit will give a “tangible impetus” to Arab-Chinese cooperation in all its forms.

    Earlier on Friday, a joint Chinese-Saudi statement spoke of "focusing on emissions rather than sources" in tackling climate change, the approach championed by the Gulf nations.

  • IFC, UNHCR to jointly boost private sector engagement for refugees, host communities

    GENEVA, SWITZERLAND - The International Finance Corporation (IFC) and UNHCR, the UN Refugee Agency, Friday announced a joint initiative to...

    The initiative aims to mobilize private sector projects over the next five years to demonstrate the viability of investments in forced displacement contexts.

    Forced displacement is a growing crisis that is too large and complex for governments and humanitarian agencies to solve alone.

  • Israel’s Netanyahu requests more time to form government

    The November 1 election put former premier Netanyahu in a position to form a stable, right-wing government, ending an unprecedented...

    President Isaac Herzog on November 13 tapped Netanyahu to form a government with the backing of factions representing 64 out of 120 lawmakers in parliament

    Likud announced early Thursday a deal with a fourth party, Shas, that gave the ultra-Orthodox Jewish party five ministerial positions