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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.
  • Swiss regret COP27 going soft on top polluters

    GENEVA, SWITZERLAND - Switzerland regretted Sunday that the COP27 climate summit outcome does not impose obligations on the highest greenhouse...

    There was disappointment in some quarters over COP27's stand on cutting emissions.

    There were concerns that no resolutions were passed on phasing out coal and reducing subsidies for oil and gas

  • First Israel-Qatar direct commercial flight takes off for World Cup

    When FIFA announced the deal for direct Israel-Qatar flights on November 10, it claimed that "Palestinian ticket holders and media"...

    But it was not immediately clear to what extent Palestinian residents of the Israeli-occupied West Bank or blockaded Gaza Strip would have access to the charter.

    Israeli foreign ministry official Lior Haiat, at Ben Gurion airport near Tel Aviv, told AFP that "history has been made," with the "first direct flight from Tel Aviv to Doha."

  • Protest-hit Kurdish town fears a major Iranian crackdown

    Activists on Sunday expressed alarm that Iran was implementing a major crackdown in a Kurdish-populated town that has seen intense...

    Iran's clerical leadership has been shaken by more than two months of protests sparked by the death in custody of Mahsa Amini

    The Norway-based Hengaw rights group said "armed troops" had been despatched to Mahabad from Urmia, the main city of West Azerbaijan province

  • ‘Historic’ but ‘not enough’: UN COP27 climate summit reactions

    The summit drew praise for the "loss and damage" fund to help vulnerable countries cope with the destructive impacts of...

    It is more than frustrating to see overdue steps on mitigation being stonewalled by a number of large emitters and oil producers, German Foreign Minister Annalena Baerbock.

    "This COP has taken an important step towards justice. I welcome the decision to establish a loss and damage fund," said UN chief Antonio Guterres.

  • Children in war-scarred Idlib kick off their own World Cup

    Idlib, Syria— More than 300 children in rebel-held northwest Syria kicked off their own football World Cup on Saturday, with organizers...

    Ibrahim Sarmini of the NGO Violet, which organized the tournament, said children aged 10 to 14 have been training for months to take part in the "camps World Cup"

    The Idlib region is home to about three million people, around half of them displaced

  • Turkey carries out air strikes in Syria, hitting several towns

    A week after the deadly Istanbul bombing, which Ankara blamed on the Kurdistan Workers' Party (PKK), Turkey carried out air...

    Turkey considers the Kurdish People's Protection Units (YPG) -- the main component of the SDF -- an extension of the outlawed PKK

    Both the PKK and the YPG have denied any involvement in the Istanbul attack, in which six people were killed

  • GAL-AMMROC, GMF ink pacts

    The pact were inked during the B20 Summit in Bali, Indonesia.

    The pacts will allow AMMROC to expand its MRO capabilities and consolidate its status as a key enabler of a sustainable domestic defense sector in the UAE.

    The cooperation will further expand to the joint promotion of the N219 and NC212 aircraft in the Middle East and Africa markets.

  • ‘Most APEC members condemn war in Ukraine’

    Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...

    The summit communique was agreed by all APEC members, including Russia and China.

    Apart from substituting the name of the organization, the statement was word-for-word the same as a G20 declaration.

  • UK blames Iran for ‘spreading bloodshed’ from Mideast to Kyiv

    Vowing to work with allies in order to counter Tehran, Britain's foreign minister has blamed Iran for "spreading bloodshed. Ukraine...

    The growing criticism comes as Iran grapples with mass protests -- the biggest in years -- following the death in September of 22-year-old Mahsa Amini

    On Monday, the EU hit more than 30 senior Iranian officials and organizations with sanctions over Tehran's crackdown on protesters and the supply of drones to Russia

  • Xi, Harris meet briefly, call for US-China communication

    The meeting came after the United States said it was looking for China to do more to rein in its...

    Harris spoke to the Chinese leader as they entered a retreat in Bangkok during a summit of the Asia-Pacific Economic Cooperation (APEC) forum

    The vice president reinforced Biden's message that "we must maintain open lines of communication to responsibly manage the competition between our countries."