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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.
  • Libya tells foreign energy firms it’s safe to return

    TRIPOLI, LIBYA - Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday...

    Rival administrations in east and west have vied for power in Libya since March.

    Libya aims to raise its oil output from around 1.2 million barrels per day currently to 2.0 million bpd by 2027, NOC chairman Farhat Bengdara said.

  • UAE, Saudi Arabia sign MoU for mutual recognition of maritime training

    LONDON, UK - The UAE Ministry of Energy and Infrastructure (MOEI) and the Transport General Authority (TGA) of the Kingdom...

    The move is in line to ensure the highest standards of maritime safety and within the outcomes of the Saudi-Emirati Coordination Council.

    This is as per the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers 1978 and its amendments.

  • Excerpt from new Rushdie novel released four months after stabbing

    The 75-year-old writer, who had received death threats after the publication of his "The Satanic Verses" in 1988, was stabbed...

    The book tells the "epic tale" of a woman in the 14th century in what is now part of India, the publishing house said

    The author had lived in hiding for years after Iran's first supreme leader Ayatollah Ruhollah Khomeini ordered his killing

  • China-Arab summit: Chinese President Xi to visit KSA tomorrow

    Chinese President Xi Jinping will reach Saudi Arabia on Wednesday for a three-day visit, his first to the world's biggest...

    Leaders from the two countries are expected to discuss potential deals that could see Chinese firms become more deeply involved in Saudi mega-projects

    Chinese President Xi Jinping last visited Saudi Arabia in 2016 on a trip that also featured stops in Egypt and Iran

  • UAE President, Israeli counterpart seek to boost cooperation in space sector

    Sheikh Mohamed and President Herzog confirmed the importance of boosting UAE-Israel cooperation in the space sector.

    Sheikh Mohamed and President Herzog confirmed the importance of boosting UAE-Israel cooperation in the space sector

    The two leaders discussed areas of collaboration between the UAE and Israel and the promotion of progress and stability across the region

  • ‘Abu Dhabi Space Debate offers a significant and huge global platform to enhance activities in space sector’

    It is possible to take advantage from the discoveries provided by space projects to boost our development for the benefit...

    There is an Emirati-Israeli partnership in space sector and important cooperation between the two space agencies of the two countries, says Israeli president

    The conference is a significant and huge global platform that works to enhance communication among the active and influential forces in the space sector, he adds

  • Is Biden running again? He’s acting like it

    The November midterm elections, in which Republicans failed to score their expected big win in the House while actually losing...

    A long distance day trip Tuesday to Arizona is only the latest indication that at 80, Biden is seriously laying the ground to stay in power for another term

    while Biden has said his decision won't come until "early next year," many of those around him think they already know

  • UAE, UK experts discuss science, tech help in net-zero agenda

    ABU DHABI, UAE - Experts from UK and the UAE participated in a Sci-Tech Virtual Tour of the Emirates science...

    The tour was launched to facilitate business-to-business introductions between stakeholders and investors.

    During the virtual tour, delegates discussed decarbonization, affordability, supply of renewable energy.

  • Gaza fishermen rejoice at finally fixing their boats after UN brokered deal

    Gaza City, Palestinian Territories---Wearing sky blue overalls near Gaza's port, technician Mohammed Jerboa celebrates the chance to finally repair fishing...

    The material has been prohibited from entering the Palestinian enclave since 2007, as one of scores of items Israel deems could be used for military purposes by Gaza militants.

    The measures left fishermen struggling to pursue their livelihood due to the state of the boats -- until the UN brokered a deal that allows fibreglass to reach a workshop.

  • Dubai Health Authority wins International Data Corporation award

    DUBAI, UAE - The Dubai Health Authority recently won the 'Best in Future of Operations' category at the International Data...

    DHA was recognized as an entity that has successfully rethought the ways in which its operations are managed keeping digital transformation in mind.

    IDC hosted over 200 senior IT and business leaders from across the UAE for the IDC DX Forum 2022.