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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.
  • Bahrain forum: Pope calls for global unity, al-Tayeb for Sunni-Shia amity

    The pope said that "a few potentates are caught up in a resolute struggle for partisan interests, reviving obsolete rhetoric,...

    Al-Azhar mosque's grand Imam Sheikh Ahmed Al-Tayeb called for dialogue between Islam's two main branches to settle sectarian differences.

    He said the senior scholars at Al-Azhar and the Muslim Council of Elders are ready to host a meeting "so we can sit down together on one roundtable to put aside our differences".

  • NATO chief says ‘time to welcome’ Finland, Sweden into alliance

    Sweden and Finland dropped decades of military non-alignment and scrambled to become NATO members in May after Russia invaded Ukraine....

    NATO chief Stoltenberg said it was time to welcome the two Nordic countries as full members of NATO

    Except Turkey and Hungary, all the 30 NATO member states have ratified the accession of the two countries

  • Blinken thanks outgoing Israel PM, warns on West Bank violence

    Blinken voiced "his deep concern over the situation in the West Bank, including heightened tensions, violence and loss of both...

    The occupied West Bank is witnessing its deadliest period in years, as Israel prepares to form perhaps its most right-wing government in history under Benjamin Netanyahu

    Yair Lapid put a priority on smooth relations with the United States, warning that Netanyahu had alienated Israel's allies in US President Joe Biden's Democratic Party

  • Iraq landslide disaster throws spotlight on informal shrines

    Hundreds of smaller shrines opened up in Iraq -- many outside the purview of the religious authorities, which are often...

    Iraq's Waqf, the body in charge of managing Shiite mosques, tombs and other places of worship, reports that only 135 out of Iraq's 664 known sanctuaries are formally registered

    Most such sites are dedicated to relatives or descendants of Imam Ali, the son-in-law of the Prophet Mohammed and the founder of the Shiite strand of Islam

  • UAE-China trade $64 bn in first eight months of 2022: Ambassador

    Dubai, UAE---China-UAE bilateral trade has exceeded US$64 billion during the first eight months of 2022, which marked a 27.93 percent...

    China has become the UAE’s largest non-oil trading partner in the world, said Zhang Yiming, Ambassador Extraordinary and Plenipotentiary.

    UAE remained China’s second-largest trading partner and the largest export market in the Arab region, he said.

  • German industries explore investment opportunities in UAE

    Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced...

    From the UAE side, representatives from ADNOC, Abu Dhabi Department of Economic Development, Abu Dhabi Investment Office, and TAZIZ were present.

    The delegates also discussed the future of supply chain opportunities in a post-pandemic world.

  • Europe could face gas shortage next year, says IEA

    Europe must act immediately to prevent a shortage of natural gas next year as Russia slashes deliveries in the wake...

    IEA Executive Director Fatih Birol said he would hold talks on Friday with several European governments.

    He said that Europe needs to take immediate action to avoid risks of natural gas shortage next year.

  • UAE, Indonesia to cooperate in energy sector

    UAE and Indonesia have signed a Declaration of Intent to boost economic and social development between the two countries and...

    The declaration was signed between the UAE Ministry of Energy and Infrastructure and the Indonesian Ministry of Energy and Mineral Resources.

    It was signed during a joint meeting between the two countries at the Abu Dhabi International Petroleum Exhibition Conference ‘ADIPEC 2022.

  • COP27 hot topic: Funding vulnerable nations to fight global warming

    Many emerging economies least to blame for the fossil-fuel gases that stoke global warming, are also among the most exposed...

    Wealthy nations have failed to provide all of the pledged $100 billion a year to developing nations, reaching just $83 billion in 2020.

    Only a part of that -- $29 bn -- was for adaptation, which the UN Environment Programme warned in a new report was five to 10 times below the estimated needs.

  • White House deletes tweet after Twitter users intervene

    Elon Musk, the world's richest person, who took ownership of Twitter last week, hailed the correction saying the feature that...

    The White House tweeted that it was "thanks to President Biden's leadership" that US pensioners had received the biggest benefit hike

    "The tweet was not complete," White House press secretary Karine Jean-Pierre said when asked about the deleted tweet